Actionforex

GBP/USD Makes Slim Recovery Attempts - Forex Analysis, Currency Forecast, FX Trading Signal - Action Forex


gordonjon10 retweets
GBP/USD Makes Slim Recovery Attempts - Forex Analysis, Currency Forecast, FX Trading Signal - Action Forex

GBP/USD Makes Slim Recovery Attempts

GBP/USD Open 1.5742 High 1.5753 Low 1.5649 Close 1.5741

On Thursday Pound/Dollar recovered with 100 pips. The Cable appreciated from 1.5649 to 1.5753 yesterday, in line with the positive Interbank sentiment at over +31%, closing the day at 1.5741. Today the British Pound is trading quietly, moving at the upper end of yesterday's range for the time being. On the 1 hour chart quotes are holding within the trading range, while on the 3 hour chart new wider range trading is forming. First resistance is yesterday's peak at 1.5753. Break above it should extend the bullish movement further towards 1.5870. The nearest support level is yesterday's bottom at 1.5649. Going bellow it should extend British Pound's reduction further down towards next downward objective 1.5528. Today is UK GDP Q4 at 9:30 GMT. Quotes are moving just above the crossed 20 and 50 EMA on the 1 hour chart, indicating slim bullish pressure. The value of the RSI indicator is positive and calm, MACD is positive and tranquil too, while CCI has thinly crossed up the 100 line on the 1 hour chart, giving over all light long signals.

Technical resistance levels: 1.5753 1.5870 1.6000

Technical support levels: 1.5649 1.5528 1.5400

About the Author

ZIFX.com is managed by iFOREX Ltd. and it is in the business of teaching analysis of forex trends, and proposing potential trading signals - not recommendations. All statements and expressions are the opinion of the forex experts at ZIFX.com and are not meant to be either investment advice or a solicitation or recommendation to establish market positions. Our opinions are subject to change without notice. We strongly advise clients to conduct thorough research relevant to decisions and verify facts from various independent sources. The staff at ZIFX.com is not to be held responsible for individual market positions, all trades that clients may take are based on their own final decisions. We do not accept any liability for any loss or damage whatsoever, that may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in the trading signals or in any accompanying chart analyses, whether communicated by word or message, typed or spoken by any of ZIFX.com employees.

Technical Analysis

Forex Brokers

Forex in images

Reuters applies foreign exchange rate to 50 Cent. He ...

Picture of daguilar6
21 Apr 2012
1K retweets
@mhelft Hilarious: Reuters applies forex conversion to rapper 50 Cent, turns him into 1.50 Malaysian ringgit.

What 10 things should you do every day to improve you...

Picture of daguilar6
3 Sep 2012
566 retweets
"A good read to start off the week: "Barking up the wrong tree" #forex " on @MeetPips

forex trading: 102. Free Forex Charts Userguide: http...

Picture of daguilar6
1 Jan 2011
73 retweets
forex trading: 102. Free Forex Charts Userguide: A lesson on how ot use the free forex chart...

Forex in videos

Forex Trading Account - Forex Broker - Forex Traders ...

Picture of daguilar6
24 Jul 2012
1K retweets
Forex Trading Account - Forex Broker - Forex Traders - ThinkForex ...: Forex Trading Account - ThinkForex Direct...

Live FOREX trading session with analysis, tips and tr...

Picture of daguilar6
12 Jun 2012
1K retweets
Real interesting vid Live FOREX trading session with analysis, tips and ...

The Rockier Road to Poland - Shane MacGowan, The Afte...

Picture of daguilar6
27 May 2012
1K retweets
Grexit #Spailout #forex Enjoy the football #PIIGS - I will!

Forex in articles

Why People Are Going Nuts Over The New George Soros S...

Picture of daguilar6
4 Jun 2012
425 retweets
"The best thing ever written on the euro crisis" by George Soros - #forex $$

U.S. Consulate attack

Picture of daguilar6
12 Sep 2012
392 retweets
Obama condemns killing of U.S. ambassador to Libya: U.S. ambassador to Libya killed in Benghazi Three other emba...

Volcano belches ash, smoke 2 miles up

Picture of daguilar6
9 Sep 2012
390 retweets
Volcano erupts in Nicaragua, shoots ash: A volcano in western Nicaragua erupted Saturday, shooting gas and ash 2...

Forex in sites

News Bulletin - 09:35 GMT update

Picture of daguilar6
31 Jan 2012
1K retweets
Plantilla Manhattan Aplicada A Forex

Sell Files Online: Affiliate Program, Software Downlo...

http://tradebit.com

It's easy – works on all devices Over 30 million different files to browse and download - millions of satisfied costumers Great stuff like music, ebooks, templates, software, manuals, sounds, mp3s and more Trusted by over 30,000 merchants worldwide – thanks to easy payment and fair pricing Great tools to promote the things you like or to enhance your blog, website and social media site find out how easy it is to sell with tradebit great tools plus the best widgets for your website

Picture of daguilar6
1 Jan 1970
7K retweets

MyIntroducer.com

http://MyIntroducer.com

While this website is checked for accuracy, Barcadia Media Limited are not liable for any incorrect information included.We recommend that you make enquiries based on your own circumstances. Myintroducer.com is a trading style of Barcadia Media Limited © 2009Barcadia Media Limited. Registered in England & Wales No. 6970806 Registered address.

Picture of daguilar6
27 Oct 2010
6K retweets