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FOREX

GBPUSD DAILY PROJECTION 13/05/2013

GBPUSD 13 MAY 2013 DAILY VIEWGBPUSD 13 MAY 2013 H4 VIEWI have following this cross in last 2 month’s, because it has showing an interesting recovery, doing a bull market in short/medium term. Unfortunately, today, it closed under an important support, at 1.53600 and broke 50 rsi level ( Daily view), and these facts are a strong bearish signal. So, in medium/long term I am actually a bear. I expect a retest at last support broken and attention, we could have here a H&S with projection to 1.48580. Well, let’s see….

This article doesn´t excuse a reading of a discloser.

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