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Forex pairs in this Article » GBP/USD
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Talking Points

  • Prices put in an Evening Star candlestick pattern, hinting a move lower is ahead
  • Breaking below 1.6321 (23.6% Fib ret.) exposes 1.6231 (38.2% Fib, Flag top)
  • Above 1.6448 (38.2% Fib exp.) negates topping setup, exposes 1.6520 (50% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_12.png, Forex: GBP/USD Technical Analysis – Testing December Highs AnewDaily Chart - Created Using FXCM Marketscope 2.0

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