Technical Analysis forex GBPUSD 14 feb 2012

Technical Analysis forex GBPUSD 14 feb 2012Technical Analysis forex GBPUSD 14 feb 2012

- At 00:00 GMT the short-term expectations of the distribution center was in the range of levels of 1.57 - 1.58 (range: 1.5606 - 1.5909).
- The range of uncertainty, which define the boundaries of short-term risks: 1.5747 - 1.5864.
- Kratskosrochnaya border bullish and downside risks, taking into account the risk premium: 1.5770.
- The high activity of both buyers and sellers.
- Medium-term bullish, and the boundary downside risk: 1.58 - 1.60.
- The closest target point - on the chart, "The alignment of interests of players, up to date for a short period."


Trade is conducted in the mark 1.5710. Short-term uncertainty range is a range of resistance (1.5747 - 1.5864). Downward movement is limited to a mark 1.5594. It is important to pay attention to the medium-border risks, provided the levels of 1.57 - 1.58, for which there is a struggle, and now (signs: 1.5606 - 1.5909). As a result of the previous trading day updated long-range 1.42 - 1.67, defines a set of risks.

TIPS
It is best to stay out of the market.


- Commentary on the chart volumes (data is updated once a week according to the official publication of the market, recent data from 07/02/12): Attention should be paid to the huge amounts of products of commercial players GBP. You can expect to increase the volatility at the close position.



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