FXOpen Trader

We will need to make use of such kind of a Forex broker that is reliable for us.

GBP/USD Faces Resistance While EUR/GBP Eyes More Gains GBP/USD started a fresh increase above the 1.2150 resistance. EUR/GBP is showing positive signs above the 0.8550 resistance zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a decent increase above 1.2150 against the US Dollar. There was a break below a key bullish trend line with support near 1.2220 on the hourly chart of GBP/USD. EUR/GBP is holding the 0.8580 support but struggling above 0.8600. There is a major bullish trend line forming with support near 0.8570 on the hourly chart. GBP/USD Technical Analysis The British Pound remained well bid above the 1.1920 zone against the US Dollar. The GBP/USD pair started a decent increase after it broke the 1.2000 resistance. There was a clear move above the 1.2100 level and the 50 hourly simple moving average. The bulls were even able to clear the 1.2150 resistance. However, the pair struggled near the 1.2400 resistance and started a downside correction. GBP/USD Hourly Chart There was a break below a key bullish trend line with support near 1.2220 on the hourly chart of GBP/USD. The pair traded below the 38.2% Fib retracement level of the upward move from the 1.1933 swing low to 1.2406 high (formed on FXOpen). The pair tested the 50% Fib retracement level of the upward move from the 1.1933 swing low to 1.2406 high. It is now rising and trading above the 1.2240 level. On the upside, an initial resistance is near the 1.2280 level. The next main resistance is near the 1.2320 zone. A clear upside break above the 1.2320 and 1.2330 resistance levels could open the doors for a steady increase in the near term. The next major resistance sits near the 1.2400 level. If not, the pair might start a fresh decline below 1.2180. The next major support is near the 1.2150 level. Any more losses could lead the pair towards the 1.2050 support zone or even 1.2020. Read Full on FXOpen Company Blog...

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We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers.

We will need to do our trading with less Greed and have some control over it.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

The trades that we are doing will also depend on many other factors present into the markets.

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I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping

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