To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- GBP/USD Technical Strategy: Pending Short
- A Dark Cloud Cover candlestick pattern below resistance at 1.6259 hints at topping
- Our last attempt to enter short was stopped out; we will look for new opportunities to re-enter
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? Watch this Video
For live market updates, visit the Real Time News Feed