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

GBPUSD awaits BOEs Carney. Levels to eye on surprises

Discussion in 'Technical Analysis' started by ForexLive, Sep 29, 2015.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,101
    Likes Received:
    1
    Speaks at Lloyds The GBPUSD traded at the lowest level since May 5th - taking out Friday's low by 6 or so pips (1.51278 vs 1.5134). The price has rebounded off that low and has moved toward the day's midpoint at 1.5166 (the high reached 1.5169). Over the last 2 hours the range has been confined to 20 pips in an up and down pattern. The price has remained below the days midpoint and the 200 bar MA on the 5-minute chart as well.

    Read full forex technical analysis here...
     

Share This Page