www.varchev.com

GBP/USD: possible grow to 1.5192, we wait for sell on the top of the channel

GBP/USD downtrend.

The trend correction continues, possible rise to 1.5192. Bull formation of the candlesticks. We wait the price to reach resistance at 1.5192 and then we will go on a smaller timeframe and waiting for sell signals.
CCI is under 0 which means the movement is still short.


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance