Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
GBP/USD: market to test the lower 'Window'

GBP/USD: market to test the lower 'Window'

Information is not investment advice

The market is consolidating along the Moving Averages. Previously, we had a 'Three Methods' pattern, which has been confirmed. It's likely that the pair is going to test the lower 'Window' (1.2936) soon, which could be a departure point for a local upward correction towards the nearest resistance at 1.3036. If a pullback from this level happens next and the price brokes the 'Window', there'll be an opportunity to have a decline in the direction of the closest important support at 1.2775.

2204gbpusdD.png

gbp

Similar

GOLD: resurging

Gold has been losing value lately. But recently, it is back up. Is it a good time to buy?

Popular

EUR/USD: a temporary bottom

On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835).

Choose your payment system

Learn more