GBPUSD coiling for a bigger move?

29 nov 2016

GBPUSD seems to be coiling for an expansion. A break above or below and a close there could give us some sense of direction. Major support and resistance areas are shown as the green and red rectangles respectively

30 nov 2016

Nota

Pair still inside the two boundaries. A break and cole above the downward sloping trend line could see us sustaining a move upward towards the 1.28 area. A break below will run straight into an area of consolidation where PA should slow down

1 dic 2016

Trade attivo

Seems to be breaking out to the upside. Looking for a move into the red rectangle

4 dic 2016

Nota

Closing in to major resistance at 1.28

14 dic 2016

Nota

All eyes on the Fed rate decision tonight