Failure to break 1.5225-30 horizontal resistance region, also including 200-day SMA on D1 chart, indicates the pair's pullback towards 1.5245-40 support area; however, hawkish BoE can fuel the pair towards 1.5445-50 and the 1.5505-10 horizontal resistance, encompassing more than a month old descending trend-line resistance. Chances are more in the favor of downside than otherwise case.
- #420,187
- Oct 8, 2015 4:05am Oct 8, 2015 4:05am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #420,188
- Oct 8, 2015 4:12am Oct 8, 2015 4:12am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #420,189
- Oct 8, 2015 4:17am Oct 8, 2015 4:17am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #420,197
- Edited 6:16am Oct 8, 2015 6:03am | Edited 6:16am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
- #420,200
- Oct 8, 2015 6:20am Oct 8, 2015 6:20am
- Joined Apr 2012 | Status: Trader | 1,054 Posts
When Scalpers win, I lose and Vice varsa... 