GPBUSD Bullish Movement is expected
Posted: Mon Jun 02, 2014 1:24 amIt shows that GBPUSD was not able to break the current support around 1.6750-25. It made an unsuccessful attempt to break this support but closed above it. Now a bullish movement is expected targeting 1.6830. But a break and close below the recent low can make this scenario invalid.
Analysis Credit :http://preferforex.com/
Risk Disclaimer: Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Before undertaking any such transactions you should ensure that you fully understand the risks involved and seek independent advice if necessary. Any opinions, news, research, analyses, prices, or other information contained in this post / article / comments are provided as general market commentary, and do not constitute investment advice.
Analysis Credit :http://preferforex.com/
Risk Disclaimer: Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Before undertaking any such transactions you should ensure that you fully understand the risks involved and seek independent advice if necessary. Any opinions, news, research, analyses, prices, or other information contained in this post / article / comments are provided as general market commentary, and do not constitute investment advice.