Apr 242014
 

4XEagleEye Chart

2014.04.25 [ | ] GBPUSD general trend is to the upside. Break below (1.6752) may trigger further fall of the GBPUSD. Going above nearest support level at (1.6856), however, would confirm continuation of the bullish trend, towards next objective upwards (1.6921). Longing GBPUSD is advisable for today.

Market Snaphoot 1 Market Snapshots


Summary

Direction
Moving Avg.
Indicators.
Reversal Prob.
Oscillator
Candle Harmonic
1.6830 1.6856 1.6896 1.6921 1.6946
1.6774 1.6736 1.6710 1.6660 1.6635
Hourly Alerts
MA Penetrated 8 hours ago GBPUSD has closed above 100 SMA. This should empower bullish short term technical outlook.
Up Trend 8 hours ago GBPUSD is heading upward as long as it remains above (1.6752) any four hours close above (1.6830) will open the way for the instrument to test the next resistance level. Any four hours bare close below (1.6752) will change instrument`s direction. Traders should consider buying every depth with a stop loss at (1.6752).
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  15 Responses to “GBPUSD Technical Analysis Thu, 24 Apr 2014”

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