Will Euro break this white Trend line?

The Euro must rise above the white weekly trend line for upside momentum to continue else we see a retest pattern to go short this pair.

Live GBPUSD Trade!

The Power of Technical Trading

I have this believe that News Trading was designed for 1-5mins day trading scalpers. Because it does not seem to have a place in the long term analysis of market movement. The GBPUSD chart we're looking at is a good illustration of the power of technical trading. CNBC or Bloomberg's analysis of the British or US economy will not change my current position except i see a technical breakdown.