GBPUSD Technical Analysis For 4th November 2015 | 04 11月 2015

04 11月 2015, GBP/USD

GBPUSD Technical Analysis For 4th November 2015
Technical View:
GBP/USD is currently trading with a slight bearish bias. On the daily Chart, the pair made movements both sides but had a very small movement from its opening price. Nonetheless, we still expect further upward movements probably up to the resistive trend line before we can go fully short. Traders trading this pair should observe other pairs such as GBP/HKD and EUR/USD for positive correlation. These pairs had a strong positive correlation of up to +0.95, they are thus expected to move in the same direction. On buy or sell GBP/USD if all the other positively correlated pairs are giving the same signal.

Trade Recommendations:

Sell along the upper trend line, but with stops at 1.5366, and the next stop at 1.5238. Sell positions can also be executed should the price go below 1.5366.

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus