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Topic: GBP/USD 13.3.2014 technical depth chart...

The weakness yesterday saw the completion of a draw back break below the key support at $1.6581, that suggests additional weakness towards $1.6480. However, there has been a shot by the Cable bulls long to alter the outlook yet again. A spike higher through $1.6653 (which currently becomes the support) has dramatically improved the close to term image, with Cable currently at a 2 day high. However, a move higher than the resistance at $1.6683 is required to would take the speed back higher than the falling two hundred hour moving average and take Cable back to mid-range yet again to counsel a neutral outlook.
http://forums.babypips.com/attachment.php?attachmentid=59073&d=1394710713

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Re: GBP/USD 13.3.2014 technical depth chart...

i think gbp usd now long goes down every body go on sell

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Re: GBP/USD 13.3.2014 technical depth chart...

today i expected that market is going up but its going down i get loss today because fundamental is saying that mrket is up buts its down i dnt knw waht happaend

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Re: GBP/USD 13.3.2014 technical depth chart...

yes GBP is going down and down , i have trade buy and it is very hard to close trade when in loss , what happened today is it come to buy again or up again , ok wait for that

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Re: GBP/USD 13.3.2014 technical depth chart...

Is any currency of any country can be traded on forex?Or just the major currensies?

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Re: GBP/USD 13.3.2014 technical depth chart...

gbp/usd in these days going down sell is best for next week.

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Re: GBP/USD 13.3.2014 technical depth chart...

GBP/USD is a very famous currency pair and in these days this pair trend is down and nobody where is end or return point

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Re: GBP/USD 13.3.2014 technical depth chart...

yes GBP is going down and down , i have trade buy and it is very hard to close trade when in loss

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Re: GBP/USD 13.3.2014 technical depth chart...

I think you use a lot of indicators in your charts, it's very hard to trade like that, you need to clean out your charts to see the price action, your market analysis may be good but these indicators avoid you to take best decisions.

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10 (edited by farmabioq 2016-09-11 01:44:56)

Re: GBP/USD 13.3.2014 technical depth chart...

For this week: a pick up torque to expect: you can touch 1.3410
But prospects within 30 days  in: 1.2950

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