manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Log in

GBP/USD Technical Analysis For 24th September 2015, H1

24 September 2015, GBP/USD

Technical View:
GBP/USD is currently trading with a bullish bias. The pair traded with a strong bearish bias for the better part of yesterday, but is currently slightly bullish. We are waiting for a clear break out above 1.5296 for a green light to continue long,otherwise short positions are ideal. Traders trading this pair should observe other pair such as GBP/JPY, and and GBP/HKD for strong positive correlation. Only buy or sell GBP/USD if all the other positively correlated pairs are showing the same signal.

Trade Recommendations:

Buy above 1.5296 with stops at 1.5375, and the next stop at 1.5457. Sell below 1.5214

Graham Osano
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .