Thursday, April 9, 2015

GBP/USD Chart

Summary : Target Level : 1.4803Target Period : 2 days
Analysis :
Triangle identified at 09-Apr-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.48 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.4973Last resistance turning point of Triangle.

Support Levels
( A ) 1.4803Last support turning point of Triangle.