Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Thursday, September 14, 2017

GBP-USD Technical Analysis 14 Sep 2017

The GBP-USD keep moving forward with the bullish trend towards 1.3976 as expected in the previous post currently sitting at 1.3357 there are about 600 more points within reach. The EUR-USD bullish trend will slow down as the correlated EUR-GBP is taking shape of the big W. This means that the power of GBP-USD to go up is much more stronger than EUR-USD - until it reaches 1.3976 position.



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