Posts Tagged ‘200DMA’
Short GBPUSD on Test of 200-DMA
Author: Germina Lake
The GBPUSD failed to break out of its recent consolidation after running into its 200-DMA and now looks set to trade back towards its 100-DMA at 1.5700.
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Sell GBP/USD on Break of 23.6 Fibo, Below 200-DMA
Author: Germina Lake
The Cable, otherwise known as the Sterling-Dollar pair, looks to continue to decline in its ten-week long descending channel, after most recently completing a head and shoulders pattern.
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