GBPUSD coiling for a bigger move?

29 lis 2016

GBPUSD seems to be coiling for an expansion. A break above or below and a close there could give us some sense of direction. Major support and resistance areas are shown as the green and red rectangles respectively

30 lis 2016

Uwaga

Pair still inside the two boundaries. A break and cole above the downward sloping trend line could see us sustaining a move upward towards the 1.28 area. A break below will run straight into an area of consolidation where PA should slow down

1 gru 2016

Zlecenie aktywne

Seems to be breaking out to the upside. Looking for a move into the red rectangle

4 gru 2016

Uwaga

Closing in to major resistance at 1.28

14 gru 2016

Uwaga

All eyes on the Fed rate decision tonight