Tuesday, November 17, 2009

GBP/USD Analysis on 17Nov

Yesterday Daily Candlestick: Normal
Divergence: Yes at Daily Chart

Today Pivot: Upper Pivot line suggesting that this pair is still bull.

EMA 75 at 1 hour: Bull

Breakout at 1 hour: Yes GBP/USD still in bullish momentum, but the appearend of shooting star and hanging man in 1hour chart suggested that this pair might have some correction.

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