Showing posts with label today. Show all posts
Showing posts with label today. Show all posts

Tuesday, November 20, 2012

GBP/USD Today November 20 2012


GBP / USD is consolidating in the area of ​​1.5880 - 1.5920, we are waiting for clear signals for entry today. Expected in the U.S. session there will be a more definite movement.
1.5920 price level should be examined carefully because this is a fairly strong resistance today.
Above 1.5920 likely prices will continue to the next resistance at 1.5975 area, while below 1.5880 price will retest support at 1.5830 area.

EUR/USD Today Outlook November 20 2012


We have resistance at 1.2820 after bouncing and forming a 4H candle bearish CPR (Closing Price Reversal) to retest 1.2700.
If Resistance 1.2820 broke, the price is likely to try to survive in the area of  next resistance around 1.2880
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