Tuesday 13 December 2016

GBPUSD Entry Order

GBPUSD: EO: 1.2708,
                  SL:  1.2538.

There is an indication that the upward movement may become a sustained uptrend since we now have several days (candles) above the 20 and 50 EMAs. As a confluence we also have a trendline support.

As we go into the holidays season we will be expecting very few signals to develop in the markets.

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