Sive Morten
Special Consultant to the FPA
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- 18,648
Good morning,
GBP stands at strong daily support but price action looks heavy. Despite some bullish signs that are forming now, it seems that chances on downside breakout look prefferable:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
GBP stands at strong daily support but price action looks heavy. Despite some bullish signs that are forming now, it seems that chances on downside breakout look prefferable:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.