Monday, July 11, 2016

GBP/USD Chart

Summary :
Target Level : 1.302
Target Period : 2 days

Analysis :
Triangle identified at 11-Jul-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.302 within the next 2 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 1.302Last resistance turning point of Triangle.

Support Levels
( A ) 1.2928Last support turning point of Triangle.