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  4. GBP/USD Signal - April 8, 2013
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GBP/USD Signal - April 8, 2013

By Maxime Parra
Maxime Parra
By Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.

The GBPUSD pair resumes its bullish trend after breaking its resistance at 1.5270 and confirms its good orientation on the technical level as the MACD is evolving again into positive territory. Investors will try to take advantage of this trend by buying to open on the1.5304 level with a stop-loss on the moving average at 7 days.
Direction: Up
Entry: 1.5304
Stop-loss: 1.5200

GBPUSD Signal

Maxime Parra
About Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.
 

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