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 Still Glued To 1.53

Discussion in 'Technical Analysis' started by Kaitlin, Oct 13, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    The Cable appears to have entered a consolidation period, as it keeps gravitating towards the 200-day SMA. This trend is yet to be confirmed by the Sterling's possible decline towards the monthly PP around 1.53 today. A correction is likely to take place, but a number of fundamentals could strengthen[​IMG]

    Continue reading...
     

Share This Page