Are you reading Moneymunch Forex articles over 8 months? Do you remember GBPUSD long-term report?
Just click here if you forgot that.
I had written article about GBPUSD index @24th October 2016
”GBPUSD index was a failed attempt to recapture high; you had seen it cascade lower.
GBPUSD index (6/10/2016) is clues that the trend down was coming to end here, you will see 1.24324-1.27744 – 1.30560 levels soon.
Keep in mind MACD and RSI waits for up-signal, if GBPUSD crossover or closes below 1.18872 level you may see 1985 year’s low.”
IF GBPUSD index Cross or close below the trending support line indicate further weakness.
USD/CAD has paused after sharp reversal off 1.32604. Hourly resistance is given at 1.37513.
You will see 1.366169- 1.364266- 1.36008 levels soon.
I will not take your much time. Just keep in mind these levels: 0.99563-0.99081-0.98655.
Must note: USDCHF long-term, Technical structure favors bullish bias.
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