Wednesday, June 11, 2014

gbp/usd daily analysis.buy trend ratio 70%

The GBPUSD had a sell momentum yesterday and hit 1.6736 level earlier today. The bias is sell in nearest term testing 1.6690 level key support area. A clear break and daily close below that area could trigger
further sell pressure testing 1.6650 – 1.6600 level. nearly resistance is seen around 1.6775 level. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 1.6850 level.
finally i still preper market going to sell momentem.mind it,market any time change her movement.
cause buy trend ratio = 70%
        sell trend ratio = 30o%

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