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Nial Fuller
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Nial Fuller is an Australian, Independant Forex and Futures Traders who has mastered the art of 'Price Action Trading' and applies his simplistic methods to the Forex Market and Stock Index Futures. A career spanning nearly a decade, his strong passion for Financial Markets has fueld a... More
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  • GBPUSD Buoyant, But Contained Below 1.5265 Still 0 comments
    Mar 28, 2013 10:13 PM

    The GBPUSD popped modestly higher today and seems to be remaining buoyant. The market is currently trading just under 1.5265 resistance and this level will be important over the coming days. If the market can close above this level we could see more upside, otherwise we could see more consolidation and eventually a move lower if the market remains contained below it. For now, there's not much to do but wait until one of these scenarios unfolds and then watch for a price action signal to trade in-line with the momentum.


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