GBP Index chart: The Pound might be starting a long term uptrend

4 Haz 2015

Just food for thought.
We have a confirmed uptrend signal after an extended sideways correction, coming off a significant low after a steep downtrend completion back in 2012.
The Pound could start rallying well into 2016 if this forecast isn't invalidated.
Similar to the Euro, I will only look for long opportunities in these pairs, unless the chart calls for a very good short.

Cheers,

Ivan.

1 Eki 2015

İşlem kapandı: hedefe ulaştı

13 Mar 2016

Not