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Apaftt Fx Trade Commenary: Gbpusd Price Action: Pin Bar Price Action Setup, Lead - Business - Nairaland

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Apaftt Fx Trade Commenary: Gbpusd Price Action: Pin Bar Price Action Setup, Lead by ahize: 3:45pm On May 11, 2013


On May 6, which was the previous commentary I ran on the GBPUSD, I did mention that the pair was now showing significant bullish weakness, with expectations towards rejoining the bulls, at the instance of a significant price Action setup at Support. Incidentally, that support gave way at the close of trading Friday, and the bias on this pair now is bearish. Price Action sell signals would be sort on its failed attempt to approach or break through New Resistance.

http://fxpriceactionwithchris..com/

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