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: Targets further downside pressure

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 22, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,022
    Likes Received:
    1
    GBPUSD: Having the pair weakened on Monday, further bear pressure should follow. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level. Below here will set the stage for more weakness towards the 1.4150 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, resistance stands at the 1.4400 levels with a turn above here allowing more strength to build up towards the

    Continue reading...
     

Share This Page