Apr 242014
 

4XEagleEye Chart

2014.04.24 [ | ] Strength in GBPUSD is likely to continue. We see a less chances of an immediate fall on the instrument for short-term technical outlook. Next upside barriers follow (1.6818) at (1.6866) and (1.6896). Look for long positions for today`s trading session.

Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
Reversal Prob.
Oscillator

Bullish Piercing Line Pattern

Candle

Harmonic
1.6818 1.6866 1.6896 1.6939 1.6969
1.6750 1.6720 1.6677 1.6647 1.6622
Hourly Alerts
MA Penetrated 7 hours ago GBPUSD has closed above 100 SMA. This should empower bullish short term technical outlook.
MA Penetrated 7 hours ago GBPUSD has closed above 30 SMA. This should empower bullish short term technical outlook.
Stochastic Overbought 8 hours ago GBPUSD Stochastic (14) main line entered hourly overbought zone. Traders should NOT consider any short term long trades.
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  15 Responses to “GBPUSD Technical Analysis Thu, 24 Apr 2014”

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