Forex Trading Signals for June 20, 2017: GBPUSD: Bearish Engulfing Day Exposes Downside Targets

Over the weekend we looked at the GBPUSD and how prices have held below the 1.2775 area on a daily closing basis since dropping below it on June 9th. But until yesterday’s session there hadn’t been a valid sell signal.

Buyers kicked off the new week with a 60 pip rally but quickly lost their grip after reaching a session high of 1.2813.

The sudden shift in direction carved out a bearish engulfing pattern on the daily time frame.

Daily Price Action 43836 Laburnum Sq Ashburn, Virginia 20147 United States (240) 778-3679

Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at

If you need current information on the forex market in nigeria and Authentic Pool information, then consider visiting this site again.

Follow us on twitter @newsbeatportal

learn how to make profit from your losing bets on nairabet, bet9ja, merrybet, surebet. 07030635051
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535

Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.

Konga Verified Blogger

Leave a Reply