RCtrader2

GBPUSD November in the Spotlight

RCtrader2 Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
USA presidential election brought some volatility to the market from the start of this month. More is expected as the count of the ballots continues.
The price seems to have created an uptrend channel and could trade inside through November and December. It also reached for a second time the 0.618 area on our Fibo chart.
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Transaction en cours:
The price came closer to the upper limit of the channel and could repeat the move tomorrow.
Transaction en cours:
The price almost reached the upper limit of the channel.
Transaction en cours:
The price made a double top on the upper limit on M15. The bulls are still strong, but could bears hope for a reversal?
Transaction en cours:
The upper limit was breached.
Transaction en cours:
The pair gives signs of a strong reversal.
Transaction en cours:
Have we witnessed a retracement today? Are we headed downwards?
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