GBP/USD picks up bids to near 1.3675, up 0.05% intraday, during the latest bounce amid Tuesday’s Asian trading. In doing so, the cable takes a U-turn from the support line of a one-week-old symmetrical triangle. Although normal RSI conditions and sustained trading beyond 200-bar SMA keep GBP/USD buyers hopeful, the pair’s three-week-old rising wedge pattern probe the bulls. Even so, the latest corrective pullback eyes the upper line of the stated triangle, at 1.3715 now, before directing GBP/USD bulls to the monthly high near 1.3750. Also acting as the upside filter is the upper line of the bearish chart pattern … (full story)
We accept
More payment methods coming soon…
“CMX MARKETS” Ltd does not accept clients from the following jurisdictions: Afghanistan, American Samoa, The Bahamas, Botswana, Democratic People’s Republic of Korea, Ethiopia, Guam, Iran, Iraq, Libya, Pakistan, Panama, Puerto Rico, Samoa, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, US Virgin Islands, USA and Yemen.
Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.
Office: Republic of Moldova, mun. Bălți, str. Dostoevschi, nr. 12, tel: +373 (231) 84 012
Secured By SSL.
Copyright © CMXMarkets. All rights reserved.