The Hand of Scalpuman
Would you like to react to this message? Create an account in a few clicks or log in to continue.

The Hand of Scalpuman

Forum of the Lord of Trading fellowship


 
HomeSearchLatest imagesRegisterLog in
Latest topics
» Daily Market Analysis from ForexMart
GBP/USD retests the 20-day SMA from above Icon_minitimeTue May 03, 2016 9:51 am by Andrea ForexMart

» Company News by ForexMart
GBP/USD retests the 20-day SMA from above Icon_minitimeWed Apr 27, 2016 9:46 am by Andrea ForexMart

» forex & binary - licensing & consulting
GBP/USD retests the 20-day SMA from above Icon_minitimeThu Apr 14, 2016 1:32 pm by AGPLaw

» Stop leading an 8/5 robotic life and live real life!
GBP/USD retests the 20-day SMA from above Icon_minitimeWed Oct 14, 2015 9:59 am by Ian Shaw

» Forex and binary options affiliate program reviews
GBP/USD retests the 20-day SMA from above Icon_minitimeWed Sep 09, 2015 7:09 pm by affiliates-network

» InstaForex Company News
GBP/USD retests the 20-day SMA from above Icon_minitimeThu Oct 02, 2014 8:29 am by IFX Yvonne

»  Forex expositions by ShowFxWorld.
GBP/USD retests the 20-day SMA from above Icon_minitimeFri Aug 29, 2014 10:44 am by ShowFxWorld

» Forex News from InstaForex
GBP/USD retests the 20-day SMA from above Icon_minitimeFri Aug 22, 2014 9:48 am by IFX Yvonne

» Shaolin Black Swan and Crunching Hobbit
GBP/USD retests the 20-day SMA from above Icon_minitimeWed Jul 23, 2014 7:44 pm by Sauros




 

 GBP/USD retests the 20-day SMA from above

Go down 
AuthorMessage
fxpulsation




Posts : 8759
Join date : 2012-01-25

GBP/USD retests the 20-day SMA from above Empty
PostSubject: GBP/USD retests the 20-day SMA from above   GBP/USD retests the 20-day SMA from above Icon_minitimeMon Dec 31, 2012 11:52 am

GBP/USD retests the 20-day SMA from above

"The upward momentum in confidence, if sustained, would point to a return to growth in the early stages of 2013, though external risks remain" - Loyds Bank (based on Bloomberg)

Pair's Outlook

Christmas and the New Year's brake reduced volatility of the major pairs, especially GBP/USD, since the price fluctuates for the second consecutive week around the 20-day SMA. Currently the price is in the upper side of the Bollinger channel and is slipping to retest the 20-day SMA from above. Since all technical indicators reversed from the critical values, the second part of the week should prove to be better for more rational trades.

Traders' Sentiment

Bulls lose their positions in the GBP/USD pair, as the buy side reduced to 26% and the sell side expanded its share to 75%. Pending orders segment gradually turns to neutral, since 47% are buy orders and 53% are sell orders.

GBP/USD retests the 20-day SMA from above Instaforex_mb_760x151_en
Back to top Go down
 
GBP/USD retests the 20-day SMA from above
Back to top 
Page 1 of 1
 Similar topics
-
» EUR/USD retests a recent high
» GBP/USD retests the major support
» EUR/USD retests previous high at 1.3014

Permissions in this forum:You cannot reply to topics in this forum
The Hand of Scalpuman :: The Trading Holy Grail Forums :: Economic News, Market Comments & Opinions-
Jump to: