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  1. GBP/USD Intra-Day Technical Analysis - near 200 SMA waiting for direction for the bearish/bullish trend to be started

    by , 02-08-2016 at 08:44 AM
    H4 price is located near SMA with period 200 (200 SMA) waiting for the direction for the primary bearish or bullish trend to be started.

    • If the price will break 1.4667 resistance level so we may see the bullish trend to be started on this timeframe.
    • If price will break 1.4451 support so the bearish trend with the secondary ranging will be started.
    • If not so the price will be ranging within the levels.

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