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GBPUSD

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GBPUSD_e is currently rallying around 1.33423. On the 1 Hour Chart , the previous  candle closed above the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above  the previous day's Lowest Low 0.00000. While we continue to see a sustained move above 0 we expect a surge much Higher with an Ideal Target at 1.24213. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.21751

copied freshforex

  • 2 years later...

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