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  4. GBP/USD Signal- June 27, 2012
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GBP/USD Signal- June 27, 2012

By Alp Kocak
Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

Update as of 10:30 PM +GMT :

This signal is no longer valid. Price has reached it's target.

Currency: GBP/USD
Trend Expected Direction: Down
Method: Ichimoku, Technical Analysis
Description: GBP/USD 4H chart shows that the pair will continue its bearish sentiment. The pair, once again, closed below the kumo (clouds) on 30M chart and broken its recent trend line.
Recommendation: Short
Target Area: 1.5555
Stop-Loss: 1.5610

GBPUSD Signal 62712

Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

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