The long zone starts at the 1.4250 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 1.4290, 1.4340 and the 1.4390 levels.
The short zone starts at the 1.4150 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 1.4115, 1.4060 and the 1.4005 levels.
Macro datas:
GTM 12:00:
- GBP Official Bank Rate
GTM 12:30:
- USD Philly Fed Manufacturing Index
- USD Unemployment Claims
Its bigger movement may affect the analysis.
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The short zone starts at the 1.4150 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 1.4115, 1.4060 and the 1.4005 levels.
Macro datas:
GTM 12:00:
- GBP Official Bank Rate
GTM 12:30:
- USD Philly Fed Manufacturing Index
- USD Unemployment Claims
Its bigger movement may affect the analysis.
If you like the analysis, and you would like to see our forecasts among the first, you give me a follow.
If you're already following, thanks for the support.
Follow Smart Money
Twitter: @FXSmartMoney
Comment:
The price reached the 1st OFFER level.
Comment:
The price reached the 2nd OFFER level.
Comment:
The price reached the 3rd OFFER level too.