Market Chart (Change Pair By Click Menu At Upper Left)


Investing.comForex Charts powered by Investing.com

Forex News

Real Time Economic Calendar provided by Investing.com.

Market Trend (EU Pair n Cross)


This Technical Analysis is powered by Investing.com

Market Trend (USD Pair n Cross))


This Technical Analysis is powered by Investing.com

Trading Update By ForexCycle

Forex Market Movement

Monday, May 9, 2011

GBPUSD intraday : rebound expected

GBP/USD intraday: rebound expected.

Pivot: 1.634
Our preference: Long positions above 1.634 with targets @ 1.6455 & 1.6505 in extension.
Alternative scenario: Below 1.634 look for further downside with 1.6275 & 1.6225 as targets.
Comment: the RSI is supported by a rising trend line, the pair is pulling back on its support ahead of a rebound.

No comments:

Post a Comment

Please leave your message / Sila tinggalkan mesej anda
Thank you / Terima kasih