{"id":91264,"date":"2016-06-13T07:41:27","date_gmt":"2016-06-13T11:41:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=91264"},"modified":"2016-06-13T07:41:27","modified_gmt":"2016-06-13T11:41:27","slug":"gbpusd-watch-for-1-4200-1-4225-zone","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/gbpusd-watch-for-1-4200-1-4225-zone\/","title":{"rendered":"GBP\/USD watch for 1.4200-1.4225 zone"},"content":{"rendered":"<div id=\"inves-3678589425\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 13, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2016-06-13_12-41-07.jpg\"><\/p>\n<p>Renewed fears of Brexit is putting the pair under strong pressure. Latest <a href=\"https:\/\/ig.ft.com\/sites\/brexit-polling\/\" target=\"_blank\">ORB polls<\/a> suggested &#8220;Leave&#8221; camp leading by 10% (55% vs 45%) but still there are a lot undecided who might balance-out. Brexit is the main focus now and if we look at the technical picture we see that there is still room for the more downside.<\/p>\n<p>Technically, the pair has broken below multiple trend lines and it has touched 1.4115 L3 weekly support. Bearish order block and historical sellers suggest that 1.4200-1.4230 zone could be good for next round of sellers towards 1.4115 retest again. If the price breaks and 4h candle closes below 1.4100 the way towards 1.3980 will be open.<\/p>\n<p>However if any additional pro &#8220;Stay&#8221; news is released, watch for spikes towards trend lines. Volatility is huge and pay special attention to your risk management too.<\/p>\n<p>Follow <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p><div id=\"inves-2222814364\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>Source: <a href=\"http:\/\/www.admiralmarkets.com\/analytics\/technical-analysis\/gbp-usd-watch-for-1-4200-1-4225-zone\" target=\"_blank\">GBP\/USD watch for 1.4200-1.4225 zone<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets Renewed fears of Brexit is putting the pair under strong pressure. Latest ORB polls suggested &#8220;Leave&#8221; camp leading by 10% (55% vs 45%) but still there are a lot undecided who might balance-out. Brexit is the main focus now and if we look at the technical picture we see that there is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-91264","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=91264"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91264\/revisions"}],"predecessor-version":[{"id":91265,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91264\/revisions\/91265"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}