Pulling-back from range highs | 26 11月 2013

26 11月 2013, GBP/USD

Cable has pulled-back from its range highs at 1.6255 and started to go down. There is the possibility this could be the start of a new leg lower as the consolidation extends sideways. The exchange rate has definitively broken below the 45 degree trend-line and generated a bearish count to 1.55295, however, for the count to activate it would have to breach the column lows at 1.6125. A continuation higher, on the other hand, could see the move higher extend up to 1.6290 or so, although if it is decisive then it could mark a breakout from the range.
Pulling-back from range highs
Mark Satcher
Analyst of «FreshForex» company
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