Thursday, May 11, 2017

GBP/USD Chart

Summary : Target Level : 1.2988
Target Period :
2 days

Analysis :
Ascending Triangle identified at 11-May-04:00 2017 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2988 within the next 2 days.

Resistance Levels :
( B ) 1.2988Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 1.2927Last support turning point of Ascending Triangle.


Chart date range :
02-May-10:00 GMT-> 11-May-06:00 GMT
Data interval : 1 hour
RSI:34 Candles
MA:34 Candles