GBP/USD Technical Analysis For 24th September 2015, H1 | 24 سبتمبر 2015
24 سبتمبر 2015, GBP/USD
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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
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
