Posted in: Technical analysis

The Bigger Picture of the Foreign Exchange London

A problem that a lot of traders have is that they do not look at the bigger picture of the foreign exchange London.  The bigger picture of the foreign exchange London will include all the factors that affect the market.  There are a lot of traders who assume that only fundamental traders need to consider […]

GBP/USD currency trading recommendation 18 march 2016

On January 21, after the GBP/USD pair moved below 1.4220, evident signs of bullish recovery were expressed around 1.4075. Hence, previous weekly candlesticks closed above 1.4220 and 1.4360 again. Bullish persistence above 1.4360 was mandatory to maintain enough bullish strength in the market. The first bullish target was seen at 1.4615 where the most recent […]

GBP/USD 14-03-2016

Trading Recommendation for GBP/USD and technical levels| 14 March 2016

On January 21, after the GBP/USD pair moved below 1.4220, evident signs of a bullish recovery were expressed around 1.4075. Hence, previous weekly candlesticks closed above 1.4220 and 1.4360 again. Bullish persistence above 1.4360 was mandatory to maintain enough bullish strength in the market. The first bullish target was seen at 1.4615 where the most […]