GPB/USD Morning Technical Report 25/11/2015

ecPulse
2015-11-25 12:28PM UTC

ADX lines are attempting to interest, while RSI attempts to inch higher, but moving averages are negative within the main downtrend started at 1.5334.

Hence, we prefer to stand aside on GBPUSD, as risk versus reward ratio is inappropriate after approaching 1.50 psychological.

 

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