GPB/USD Weekly Technical Report 30/11/2015

ecPulse
2015-11-30 12:06PM UTC

GBPUSD faced difficulties to stabilize below 1.5026-previous low- as this level to close to 1.50 psychological, while RSI14 attempts to inch higher.

However, the pair trades below moving averages and ADX shows signs of resuming the bearishness.

 

In result, we remain bearish on GBPUSD and we will be waiting for a better area to enter the market.

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