Oct 242014
 

4XEagleEye Chart

2014.10.24 [ | ] The GBPUSD bias is neutral. Upper barrier is at (1.6061), break above that area could trigger further short term upside pressure testing (1.6094). On the downside, the important price level at (1.5984) may be tested or broken in the coming sessions, which may pull the pair towards (1.5929 – 1.5896). We prefer to wait for break of upper or lower barrier.

Market Snaphoot 1Market Snaphoot 1 Market Snapshots


Summary
Direction
Moving Avg.

Indicators.
Reversal Prob. Oscillator Candle

Bearish

Harmonic

1.6051 1.6094 1.6127 1.6160 1.6184
1.5995 1.5962 1.5929 1.5896 1.5874
Hourly Alerts
Neutral Trend Broken 10 hours ago GBPUSD is in down trend as long as it stays below (1.6061), any 4 hours close above this level will change instrument`s direction. Traders should consider selling every rally with a stop loss above (1.6061)
Sup/Res Penetrated 10 hours ago GBPUSD had penetrated the important level at (1.6040)
Neutral Trend Broken 10 hours ago GBPUSD is in down trend as long as it stays below (1.6061), any 4 hours close above this level will change instrument`s direction. Traders should consider selling every rally with a stop loss above (1.6061)
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

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