Tuesday, June 17, 2014

gbp/usd daily break 1.6940 level ,then go 1.6900-6800 level

gbp/usd loses upside term!!
The GBPUSD was indecisive yesterday. Price attempted to push higher, slipped above 1.7000 level but failed  move consistently above the psychological level.
The bias is normally in nearest term.nearest support is seen around `1.6940 level. A clear break below that area could trigger further bearish pressure testing 1.6900 – 1.6850 level. On the upside, a clear break and consistent movement above 1.7000 could trigger further bullish pressure testing 1.7100  level or higher.
finally ,market today/tommorow maybe downtrend.

No comments:

Post a Comment

Live MeccaLive Blogger Tricks