Monthly: The pair moved higher from the 2016 lows of 1.1905. Levels close to the bespoke resistance at 1.4390 found sellers. April's price action formed a bearish Outside Bar, often an indication that the rally (correction) has come to an end. Follow through selling pressure has resulted in GBPUSD trading to the lowest level in 11 months. ...

2018-08-10 Ian Coleman Read more
Fibonacci analysis tips

Ancient Maths For Modern Markets Fibonacci analysis is a classic staple among chart technicians and is used by traders of all levels from all over the world; from successful independent traders right through to automated systems traders.  This form of analysis often used by investment banks in their technical research notes and is among the sim...

2016-10-10 James Harte Read more