Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
36,164.0%
User | Time | Action Performed |
---|---|---|
GBP/USD is under pressure in today as the dollar is trading with a firmer tone following the release of strong US Existing Home Sales. GBP/USD is currently holding near the 1.2435 level, down 0.47% from Monday’s North American close. As a result of the decline, the pair has broken down below intraday support at the 1.2449 level. The drop below this support suggests Monday’s rebound represents a failed test of overhead resistance at the 1.2505 level, the high established in the middle of last week’s trading, as well as an approximate 50% retracement of the decline from the November 11th intraday high to ... (full story)