Author Topic: FNIB.co Daily Technical Analysis March 22 GBPUSD  (Read 1706 times)

Offline gregscript

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FNIB.co Daily Technical Analysis March 22 GBPUSD
« on: March 22, 2013, 08:44:28 PM »
The GBPUSD had a bullish momentum yesterday topped at 1.5208. The bias is bullish in nearest term especially if price able to make a consistent movement above 1.5200 testing 1.5250 – 1.5300. Immediate support is seen around 1.5150. A clear break below that area could lead price to neutral zone in nearest term testing 1.5100 or lower. Overall I still prefer a bearish scenario with sell on rallies strategy and any upside pullback now should be seen as a normal correction.

« Last Edit: January 01, 1970, 01:00:00 AM by Guest »

Offline boitecom

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Re: FNIB.co Daily Technical Analysis March 22 GBPUSD
« Reply #1 on: April 02, 2013, 07:14:43 PM »
Quote from: "SocratesX"
As a newbie, I guess Technical analysis is not enough for currency trading. We should also pay heed on Fundamental analysis and Sentiment analysis.
Hi SocratesX,
To be a professional in the world of the forex, you have to go more than 3 years in the demo account  :shock:
« Last Edit: January 01, 1970, 01:00:00 AM by Guest »
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