Possible recovery underway | 15 Octubre 2013

15 Octubre 2013, GBP/USD

Cable continues to trade along the edge of a very bearish head and should pattern with an initial target to 1.57125 although eventually to 1.47225. However, until the exchange rate has broken below the 1.5915 lows which would represent confirmation of a break below the H&S's neckline the pair is expected to recover and go higher, because the short-term trend is technically still up. Indeed there has already been a break above the most recent down-sloping trend-line yesterday which has generated an up-target of 1.60725, and which is still likely to be met.
Possible recovery underway
Mark Satcher
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus