U.S.DOLLAR COULD BE ON A WEAKENING RETRACEMENT FOR SOME WEEKS GOING FORWARD, WHILE THE BRITISH POUND
COULD BE GOING FOR SOME STRENGTH UPSIDE.
THE U.S. DOLLAR CAN RETRACE FROM HIGH OVERBOUGHT LEVEL, INFACT THE USD/GBP SEEMS RETRACING TOWARD
A CLEAR TRADING RANGE.
THERE HAS BEEN A LIMIT UPTREND REJECTION AT PIVOT POINT LEVEL, THAT MOVED USD/GBP INTO A REVERSAL, ALSO
THE TENKAN ON KIJUN LINE GIVES A SELL SIGNAL, THAT COULD BRING USD/GBP 0.7660 ON SUPPORT1
COULD BE GOING FOR SOME STRENGTH UPSIDE.
THE U.S. DOLLAR CAN RETRACE FROM HIGH OVERBOUGHT LEVEL, INFACT THE USD/GBP SEEMS RETRACING TOWARD
A CLEAR TRADING RANGE.
THERE HAS BEEN A LIMIT UPTREND REJECTION AT PIVOT POINT LEVEL, THAT MOVED USD/GBP INTO A REVERSAL, ALSO
THE TENKAN ON KIJUN LINE GIVES A SELL SIGNAL, THAT COULD BRING USD/GBP 0.7660 ON SUPPORT1