ChatterBank1 min ago
pound rates...down or up again
1 Answers
no one has a crystal ball i understand that,buy ive watched the pound fall very quickly against some currencies..iwas thinking of buying overseas and i think i will have to re consider and hold off i think untill next year..can someone please give me advise,when is the best time for me to invest. thanks
Answers
Best Answer
No best answer has yet been selected by tatu. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Update as of today
GBP/USD intraday: rebound in sight.
Pivot: 1.495
Preference: Long positions above 1.495 with targets @ 1.51 & 1.525 in extension.
Alternative scenario: Below 1.495 look for further downside with 1.485 & 1.4715 as targets.
Comment: the pair has broken above a declining trend line
Source: http://www.avafx.com/
Markets are extremely volatile. as regular intraday trader I would consider it advisable to wait till next year for investing.
GBP/USD intraday: rebound in sight.
Pivot: 1.495
Preference: Long positions above 1.495 with targets @ 1.51 & 1.525 in extension.
Alternative scenario: Below 1.495 look for further downside with 1.485 & 1.4715 as targets.
Comment: the pair has broken above a declining trend line
Source: http://www.avafx.com/
Markets are extremely volatile. as regular intraday trader I would consider it advisable to wait till next year for investing.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.