Weekly Perspective (Cable)

FX:GBPUSD   英镑/美元
Hey Guys,
The Cable likely to extend its bullish momentum on GDP figures.It has been rising from Mid March & soon you guys will see an exhaustion on this pair make sure we are ready to grab valuable pips.The pair major continued scaling higher and refreshed multi-month highs. Spot prices held above the 1.2900 handle as traders now look forward to the first estimate of the UK GDP growth figures for Q1 2017.As the reading is negative upside risk is minimum but the pair can refresh multi months low in the year ahead.
Technically, the pair seems to have confirmed a fresh break out and is trading above a strong hurdle, marked by 61.8% Fibonacci etracement level of 1.3445-1.1980 Down slide.On the flip side, immediate retracement below 1.2885 level might now find some fresh buying interest at a previous resistance, now turned support, near 1.2860-50 zone. Weakness below this immediate support levels might prompt additional profit taking and drag the pair back towards the 1.2800 handle, which if broken might impugn near-term bullish bias.

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Growing Forex Team
评论: Long Setup
评论: weekly perspective 15-may-19-may-2017.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出