During yesterday's european session GBPUSD fell 140 pips and tested 1.5853. If the currency drops again and makes new lows look for a short positions from 1.5893-1.5903 ( that is double top scenario from 29.10.2013). If GBPUSD moves up, look for a short positions at 1.5945-50 or 1.6023-28 levels to join a short term down trend. When it comes to long positions watch price action at 1.5849-54 level or if price breaks through 1.6023-28 take a long on the retracement to that level.
Brak komentarzy:
Prześlij komentarz