GBP/USD Weekly Analysis 11th – 15/08/2014

 

The GBPUSD has fallen significantly lower over recent weeks and is now will test the support level area down near 1.6700. We see if will bounce or breakout the support level.We will be waiting for an obvious price action signal from that level.

Trade Idea : Waiting for buy if the price bounce the support level.
if breakout support level sell will take over and waiting to test support become resistence to sell.

Post a Comment

0 Comments