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 Holds Bullish Momentum Despite Renewed Attempts Lower

Discussion in 'Technical Analysis' started by Kaitlin, Aug 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Euro maintains near-term bid against the dollar, as extended bounce from 1.1243 correction low, attempted again above 1.1300 barrier (also hourly cloud top). Near-term studies are mixed, while daily technicals remain constructive, with rising daily Tenkan-sen (currently at 1.1270), underpinning the action. Sustained break above 1.1300 and 1.1311 (Fibo[​IMG]

    Continue reading...

Share This Page