Monday, 1 June 2015

GBP/USD The Bear still Rules


A bearish market is going to overpower the GBP , the USD will however appreciate over the the british pounds, though the market is going a anonymous direction but we see a strong bear over a weak bull causing a depreciation of the british pounds. certainly decline to 1.57 in a couple of an hour.
NameValueAction
RSI(14)39.617Sell
STOCH(9,6)26.351Sell
STOCHRSI(14)52.065Neutral
MACD(12,26)-0.002Sell
ADX(14)32.560Sell
Williams %R-70.874Sell
CCI(14)-63.6364Sell
ATR(14)0.0030High Volatility
Highs/Lows(14)0.0000Neutral
Ultimate Oscillator48.105Sell
ROC-0.361Sell
Bull/Bear Power(13)-0.0040Sell
 A look at the technical indicator above shows a strong sell, traders we advice you to always stake what you are able to lose.