GBP/USD Daily Video, October 13, 2014

Sive Morten

Special Consultant to the FPA
Messages
18,760
Good morning,

GBP continues to hold above 1.60 area, but price action does not have any thrust and look not very impressive. Let's see how market will deal with bullish patterns that we have on daily chart:



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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the bulls have overthrown the bears due to holidays in the us and i still see the GBP GOING UP ON THE WEEKLY& MONTHLY CHARTS.
 
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