GBPUSD Is Directionless Between Daily Kijun-Sen And Tenkan-Sen Barrier

Discussion in 'Technical Analysis' started by Kaitlin, Sep 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Recovery attempts from key 1.3165 support stalled at 1.3276, keeping intact the upper pivot at 1.3289 (daily Tenkan-sen line). Near-term price action remains between daily Kijun-sen and Tenkan-sen lines for the second day, after repeated downside attempts were contained at 1.3165 (daily cloud top / Kijun-sen line), but the pair lacks momentum for stronger recovery.[​IMG]

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