12 September 2014

A referendum on whether Scotland should be an independent country will take place on Thursday 18 September 2014.

EU, again, moved between 1.2950 and 1.2890. Sell into rallies.
Daily - Previous day candle closed with an inside bar doji, below 8 lwma, RSI below 30.
H4 - Lower high, below 8 lwma, RSI just below 50, above signal. W P at 1.3000, W M3 1.3050, W R1 1.3100.

GU closed the day higher at 1.6260. No bias. Looking to sell into rallies.
Daily - Previous day candle closed with a white candle following a 3-bar-reversal pattern, above 8 lwma, below 200 EMA, RSI above 30.
H4 - Higher low, above 8 lwma, RSI above 50, approaching 50ema. W M2 1.6300 (gap started), W P 1.6410.