ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(20 November Europe) Latest Impact: GBPUSD: Will Bear Start Controlling?
GBPUSD has slightly broken the support trendline yesterday with parameters oct-nov and it remains in the bear farm. A close today below yesterday’s low confirm a top is in place and the price should step down toward 16300 level. Aggressive traders may enter a sell move on a rally today, exiting the trade once a close back above the TL is triggered, reading today 16750.
Signal: the market is pricing GBPCHF toward a downward move where selling the low of this week @ 16807 for 20 pips should be the next consideration.
Have a nice weekend!
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