GBP/USD Daily 21 June 2012 Analysis

Facebook Twitter Email Linkedin Digg Delicious Reddit Stumbleupon Tumblr Posterous Snailmail

GBP / USD – The pair that tests support area around 1.5680 / 90 in anticipation of data on retail sales, which will likely increase. The trend remains in favor of the pound as a possible new growth of the pound against the dollar to 1.5760 / 80. Confirmed formation of Long flags. Quotes are between three MA, which is a neutral signal. Their last signal to cross Long. Stochastic signal to decrease. MASD is above the zero line, which is a signal for growth.

 

 

4 image 1124 GBP/USD Daily 21 June 2012 Analysis


*Any statement or opinion should not be treated as recommendation for trading - see our DISCLAIMER
 
 

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Latest Members' Forecasts
• Dec 21 16:34 UTC - BREAK DOWN
• Dec 19 11:11 UTC - TRADING POLITICS
• Dec 13 15:52 UTC - Fed Shoots Down US Stock Rally
• Dec 12 15:27 UTC - BINARY OPTIONS TRADERS CHOOSE A DIRECTION
• Dec 11 15:55 UTC - BINARY OPTIONS GO SIDEWAYS
• Dec 10 14:33 UTC - BULLISH BINARY OPTIONS TRADING
• Dec 6 15:40 UTC - AAPL CRASHES HARD FOR BINARY TRADERS
• Dec 6 10:46 UTC - Neural network based EurUsd Forecast
• Nov 13 09:01 UTC - TRENDING FOREX PAIRS
• Oct 29 10:47 UTC - 4 FOR THE PRICE OF 1
• Oct 24 11:29 UTC - We out of the woods?
true