Pull-back in up-trend | 23 Octubre 2013

23 Octubre 2013, GBP/USD

The trend higher persists; yes, we have had a pull-back today, however, formidable support from a multi-year triangle border line underpins the 1.6035 lows, preventing more down-side, and a bounce may push prices higher again, with a move then up to the next count at 1.63875. Confirmation would come from a break above the 1.62525 highs, or another buy signal – although this may require patience as we have just had a sell.
Pull-back in up-trend
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.