jeudi 12 mars 2015

Forex Trading : GBP / USD will have to re-test the 1.5000 - 1.5022 area


Forex Trading : Technical analysis suggests that the GBP / USD may move up to retest 1.5000 - 1.5022 area, as the US retail sales data, which will be issued later in the day is the main risk for the pair today.

On the chart for time frame, the RSI confirmed RSI contrast positive bullish divergence, while the daily candle turned to be positive after it rebounded from lows at 1.4908 area.