Monday, April 18, 2016

GBP/USD

Summary : Target Level : 1.4091
Target Period :
2 days

Analysis :
Triangle identified at 18-Apr-00:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.409 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.4242Last resistance turning point of Triangle.

Support Levels
( A ) 1.4091Last support turning point of Triangle.