Forex trading signals and analysis for GBPUSD – 30 Sep 2014

Forex trading signals and analysis for GBPUSD – 30 Sep 2014

Analysis:

GBPUSD continued to move down further but slowly toward 1.6160. The selling pressure seems weaker now but bearish momentum still in control.

The next support level will be 1.6160 and further medium term support will be 1.6060. If 1.6160 support hold, price may go up to test 1.6400 again.

GBPUSDH4 - 30 Sep 2014

Forex Trading Signal:

We will watch for signals to short GBPUSD around 1.6270 today with target 1.6160.

Resistant zone:

+1.65400

+1.64100

+1.6300

Support zone:

+1.61600

+1.6060

+1.60600

ForexSignals247

Leave a Reply

Your email address will not be published. Required fields are marked *