Wednesday, May 3, 2017

GBP/USD Chart

Summary : Target Level : 1.2965
Target Period :
3 days

Analysis :
Rising Wedge identified at 02-May-16:00 2017 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2965 within the next 3 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 1.2965Last resistance turning point of Rising Wedge.

Support Levels
( A ) 1.2865Last support turning point of Rising Wedge.


Chart date range :
10-Apr-08:00 GMT-> 03-May-08:00 GMT
Data interval : 4 hour
RSI:34 Candles
MA:34 Candles