empty
 
 
03.04.2012 01:42 PM
GBP/USD Intraday Technical Analysis and (Linear Regression Channel) for April 3, 2012

This image is no longer relevant

 

The Linear Regression Channel for the GBP/USD currency pair reveals the following:
The GBP/USD has trended upside since last week within the Blue and Violet channels. However, the newer channels are less bullish than the Yellow one.
The pair is testing the lower limit of the Yellow channel at 1.6017 which is the key-level for the pair movement today.
Bearish Breakout outside the Yellow channel below 1.6015 opens the way to 1.3250.

 

Summary
Urgency
Analytic
Mohamed Samy
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback