Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Technical analysis on EU,GU and majors
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="bhanu545, post: 46224, member: 7126"] [b]GBP/USD intraday technical analysis and trading recommendations for June 7, 2013[/b] [IMG]http://forex-images.instaforex.com/userfiles/20130607/gbdail.jpg[/IMG] On Wednesday, the GBP/USD pair expressed daily closure at 1.5409. As expected, this opened the way towards 1.5580 then 1.5620. On the 4H chart, the visible bullish pressure being applied over 1.5400 resulted in the explosive bullish movement that occured Yesterday. The pair is failing to fixate above 1.5603 (the high of May and the backside of the depicted broken bullish channel). This will probably lead to significant bearish retracement. Intraday support is located around 1.5400-1.5380 where price action should be watched carefully. Consolidation again below 1.5380 invalidates the bullish scenario mentioned above. Performed by Mohamed Samy, Analytical expert InstaForex Group © 2007-2013 [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…