GBPUSD Technical Analysis For 30th November 2015 | 30 11月 2015

30 11月 2015, GBP/USD

GBPUSD Technical Analysis For 30th November 2015
Technical View:
GBP/USD is currently trading with a bearish bias. The pair traded short as previously Forecasted, but could not close below a very significant daily support, 1.50301. Based on the Friday's trading day red candle, we are very reluctant to go long at this level. We are waiting for a break below 1.4969 before we continue short. In an alternative scenario, should the price close above 1.5123, then we will go long with ultimate TPs at 1.5257. Ideally, we are waiting for EUR/USD to close below 1.04536, so that we go short in Pound. These two pairs have a very strong positive correlation of up to +0.79, and are thus expected to move in the same direction as other positively correlated pairs such as GBP/HKD, and CHF/JPY.

Trade Recommendations:

Go short below 1.4969, and remain short as long as EUR/USD is trading below 1.04536

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