Sive Morten
Special Consultant to the FPA
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Good morning,
GBP has shown even smaller retracement and now shows nice thrusting action. It could loose some pace in 1.5450-1.5475 area but reaching of major weekly resistance looks very probable:
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 has shown even smaller retracement and now shows nice thrusting action. It could loose some pace in 1.5450-1.5475 area but reaching of major weekly resistance looks very probable:
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.
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