- Charts: 4Hours, 1 Day.
- Elements used: Fiboancci Fan Lines, Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.6766
Metal_Mind's Blog
GBP/USD - Heavly consolidation!
GBP/USD -Bearish Trend Reversal!
- Charts: 4Hours, 1 Day,1 Week.
- Indicators: Fibonacci Fan Lines,Retracements,CCI,Pattern Analysis Widget
- Prepared with :JForex 4
- Current Level :1.6638
GBP/USD - 5 Years Range!
Charts: 4Hours, 1 Day,1 Week.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements, Pattern Analysis Widget,EMA 200,100,50.
Current Level :1.6757
GBP/USD on a 4 hour and 1 Day chart looks ready for a retracement and range in the month to come.On the weekly chart we can see the pair completed a double bottom & double top formation last month and continue climbing 50 pips into an area of major resistance zone of previous highs for the last 5 years ago.
The pair has made another …
GBP/USD-Bull Run Stalls
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.6487
GBP/USD has a major support zone at 1.4811 from which in July this year the pair started to show signs of a bull rise which latter had been confirmed as a lasting bull trend when it reached a major resistance zone at 1.6265.The pair encountered a 1 month and a half sideways movement and cosolidation before the November 13 breakout which bo…
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.6487
GBP/USD has a major support zone at 1.4811 from which in July this year the pair started to show signs of a bull rise which latter had been confirmed as a lasting bull trend when it reached a major resistance zone at 1.6265.The pair encountered a 1 month and a half sideways movement and cosolidation before the November 13 breakout which bo…