forex_managed_account_1

GBPUSD Is Showing Reverse Bullish Divergence In A Downtrend

Discussion in 'Technical Analysis' started by Kaitlin, May 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    The GBPUSD Construction PMI results and renewed concerns over Brexit have weighted down on the pair and it dropped touching the important level 1.1465 making a double bottom. Double bottom rejected the price and we can see so called Exaggerated or Reverse bullish divergence. If the price is making a[​IMG]

    Continue reading...
     

Share This Page

free forex signals