Cable update – intraday tide has turned in favor of bulls

gbp.png

repeated rebound from 1.4136 followed by a hourly closing above 1.4166 (hourly 200-MA) has opened doors for 1.42-1.4210 lvls.

Intraday bullish invalidation is seen happening only below 1.4136 lvls.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s