Daily Forex Trading Commentary - Wednesday 26th March 2014

GBP/USD - Pushes Into Resistance, Watch Out For A Price Action False-Break

The GBP/USD is sitting right below key resistance now and we would not be surprised to see a price action false-break occur here tomorrow / Friday so watch this space...

Gold - Market Continues To Trend Lower, Retracement Back To Dynamic Resistance Overdue?

The Gold market kept drifting lower this week as this new downtrend really started to show direction. There is probably an overdue retracement back to the EMAs to come over the next few days where we will look for bearish price action sell signals to join this market.

This price action trading commentary is published by Lewis Barber and represents his current view of the forex market.

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