forex_managed_account_1

GBP/USD Eyes 1.4680/50

Discussion in 'Technical Analysis' started by Kaitlin, Feb 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    After piercing though the monthly pivot point the Cable confirmed 1.4389/80 to be the new support. Therefore, the chances are that for now the currency will keep appreciating against the Dollar. The closest significant resistance is at 1.4533 (weekly R1), but in case of a healthy recovery this is unlikely[​IMG]

    Continue reading...
     

Share This Page

free forex signals