GBPUSD 2014-11-24

Posted on

GBP/USD: 1.5650

Pound with rebound correction signals

market still holding short-run trades between 1.5590 – 1.5790

market still have chance to hold this short-run trading zone , while as long as market holding trades below 1.5870 the downtrend wave will sustain this year

med-run showing resistance for downtrend wave around 1.5870 , where as long as market holding trades below this level expect the downtrend wave to head toward 1.5380

short-run

short-run indicators start to show ability for market to sustain advance toward 1.5790 , as long as market holding trades above 1.5590 expect another advance toward 1.5790

Daily Trend: Down
Weekly Trend: Down

  Support Resistence
Level 1 1.5590 1.5735
Level 2 1.5510 1.5790
Level 3 1.5430 1.5870
(Visited 7 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

CategoriesGBPUSDTags,

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex