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GBPUSD Declines With Eyes On 1.5026 Zone

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    GBPUSD : Having extended its weakness during Monday trading session, risk remains lower as GBPUSD declines with eyes on 1.5026 zone This is consistent with its downside pressure triggered off the 1.5309 level, its Nov 20 2015 high. Support lies at the 1.5100 level where a break will turn attention to the 1.5050 level. Further down, support lies at the 1.5000 level. Below here will set the stage for more weakness towards the 1.4950 level. Its daily RSI is bearish and pointing lower supporting

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