Thursday, December 10, 2015

GBP/USD Chart

Summary : Target Level : 1.4957
Target Period :
2 days

Analysis :
Channel Up identified at 10-Dec-03:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.496 within the next 2 days.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 1.5196Last resistance turning point of Channel Up.

Support Levels
( A ) 1.4957Last support turning point of Channel Up.