 |
| GBP/USD 4-hour chart, source:forexfactory.com |
British pound, or GBP has rallied against U.S. dollar since last Monday and it levels off after two-weeks rally. The price of currency pair GBP/USD broke through 1.2670 on Thursday and it is under the adjustment. But it retreats below the support line, it is uncertain whether sterling begins the rally again. It seems that sterling sidles and steps down little by little. There is possibility of fall making Head-and-Shoulders pattern. In any case it may step back to 1.2420.
https://www.facebook.com/Gjallarhorn.report/
No comments:
Post a Comment