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Hugo ONeill (honeill)
Jun 09 2014 at 08:16
posts 1141
GBPUSD on the daily chart, the price is moving down along with a bearish trend. On the break of the trend line around 1.6850, we should see an upward thrust.

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"I trade to make money not to be right."
alexforex007
Jun 11 2014 at 20:03
posts 774
More oscillations of the GBPUSD around the 1.6800 level. No clear entries until it leaves this zone with a clear direction.

Hugo ONeill (honeill)
Jun 12 2014 at 10:26
posts 1141
A quick update:
Looks like is pushing through the 50 day SMA and breaking to the upside the downward channel. GBPUSD may be want to test the 1.69 level.


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"I trade to make money not to be right."
alexforex007
Jun 13 2014 at 00:46
posts 774
Now that the GBPUSD has broken the 1.6900, this level could become support. Lets see if we get a good breakout-pullback pattern for a possible buy order.

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