A basic 240 min chart of £$...to me this looks vulnerable and the detailed Ensign & E-Signal charts( to follow) also looks like GbpUsd will go lower over the coming weeks.
Thursday, 6 January 2011
Cable & €uro
EurUsd before & after US Data. Now we have some support at 1.3059 with a ML from a higher TF fork ( in both/all €$ charts).
A basic 240 min chart of £$...to me this looks vulnerable and the detailed Ensign & E-Signal charts( to follow) also looks like GbpUsd will go lower over the coming weeks.
A basic 240 min chart of £$...to me this looks vulnerable and the detailed Ensign & E-Signal charts( to follow) also looks like GbpUsd will go lower over the coming weeks.
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Technically, I can see USD is definitely improving across many pairs. Many also anticipating a good number for non-farm payroll result this month.
ReplyDeleteHappy Trading! and Happy New Year to you, Guy!