GBPUSD – Update on Daily Time Frame 19th Feb 2014

Good day traders! Following up on yesterdays post on the GBPUSD where we saw a bearish pin bar on the daily time frame of the pound dollar, we are now looking at the chart again to see what had happened. The market did close with a red candle on New York close as a follow

By |2016-05-12T00:57:02+08:00February 19th, 2014|Categories: Daily Technical Strategy|Tags: , , |0 Comments

GBPUSD – Bearish Pin Bar on the Daily Time Frame 18th Feb 2014

Hi Traders! The above below shows the GBPUSD on the daily time frame. Price have risen to 1.68 before we see the bears coming in to bring the pair back lower to the 1.671 price level. We now see a bearish looking reversal candlestick pattern in what looks like a shooting star with a candle

By |2016-05-12T00:57:15+08:00February 18th, 2014|Categories: Daily Technical Strategy|Tags: , , |1 Comment