Tag: GBPUSD

GBPUSD Technical Analysis | Dramatic Drop with Risk Aversion | 24.09.2015

GBPUSD Technical Analysis | Dramatic Drop with Risk Aversion | 24.09.2015

Talking Points : GBPUSD Technical Analysis : Flat, long position stopped out. GBPUSD working on aggressive price action lower that’s seen two Fibonacci levels give way to falling prices. Short-term momentum is bearish, while intermediate and longer-term setups remain unclear. In our last piece, we took a long GBPUSD position after near-term support had shown […]

GBPUSD Technical Analysis | First Target Hit on Short Trade | 02.09.2015

GBPUSD Technical Analysis | First Target Hit on Short Trade | 02.09.2015

Talking Points : GBPUSD Technical Strategy: Short at 1.5500 Pound Aiming Below 1.52 After Support Break Partial Profit Booked on Short Trade from 1.55 The British Pound continues to sink against the US Dollar as expected having broken below trend line supportguiding the exchange rate higher since early May. Prices have now declined for six […]

GBPUSD Low Volatility Period Ends- Reversal Scalp Faces 1.5450 Hurdle | 27.08.2015

GBPUSD Technical Analysis

Talking Points : GBPUSD reversal approaches initial key support target Updated targets & invalidation levels Event Risk on Tap This Week Technical Outlook : GBPUSD in the process of marking outside weekly reversal candle off the monthly high- bearish Interim support confluence at 1.5447/59 backed by key support at 1.5332/58 Subsequent support at 1.52187/46 Key […]

GBPUSD | Range Below 1.57 Still in Play | 05.08.2015

GBPUSD Technical Analysis

Talking Points : GBPUSD Technical Analysis : Flat Support: 1.5547, 1.5459, 1.5389 Resistance: 1.5629, 1.5700, 1.5788 The British Pound continues to wait for direction cues in a familiar range below the 1.57 figure against the US Dollar. Near-term support is at 1.5547, the 23.6% Fibonacci expansion, with a break below that on a daily closing […]



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