1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GBP/USD: Intraday Trade Settled Into Consolidation After The Sharp Decline To 1.1818 Low

Discussion in 'Technical Analysis' started by Kaitlin, Oct 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    Intraday trade settled into consolidation after the sharp decline to 1.1818 low last Friday and only a higher break of 1.2623 resistance to provide the impetus for stronger rebound. With overall outlook still bearish, shorts are still favoured into upticks. [W.T][​IMG]

    Continue reading...
     

Share This Page