{"id":24949,"date":"2011-11-04T04:34:49","date_gmt":"2011-11-04T08:34:49","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2011\/11\/04\/gbpusd-%e2%80%93-bullish-outside-day-up\/"},"modified":"2011-11-04T04:34:49","modified_gmt":"2011-11-04T08:34:49","slug":"gbpusd-bullish-outside-day-up","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/11\/04\/gbpusd-bullish-outside-day-up\/","title":{"rendered":"GBP\/USD \u2013 Bullish Outside Day Up"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/9.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>Cable had some interesting price action yesterday as the daily candlestick formed an outside day up, a bullish candlestick formation. <\/p>\n<p><span><\/span>Yesterday\u2019s daily low of 1.5875 fell below the previous day\u2019s low and coincides with the 55-day moving average, a technical level the <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/11\/03\/fomc-lowers-forecasts-stays-mum-about-qe3\/\">GBP\/USD<\/a> has failed to close under for the last two weeks. The daily high from yesterday at 1.6060 peaked above Wednesday\u2019s high completing the bullish candlestick formation and puts the October 31st resistance at 1.6165 into play.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard Cable had some interesting price action yesterday as the daily candlestick formed an outside day up, a bullish candlestick formation. Yesterday\u2019s daily low of 1.5875 fell below the previous day\u2019s low and coincides with the 55-day moving average, a technical level the GBP\/USD has failed to close under for the last two weeks. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/11\/04\/gbpusd-bullish-outside-day-up\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBP\/USD \u2013 Bullish Outside Day Up&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-24949","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=24949"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/24949\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=24949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=24949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=24949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}