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Forex Discussions
Technical Analysis
GBP USD technical analysis and forecast
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[QUOTE="Athar dewidar, post: 138387, member: 51291"] [B]GBP / USD Technical Studies , forex GBP / USD Technical analysis from gold pattern[/B] [B]The GBPUSD is testing a short term resistance area if the pair stabilizes[/B] [B]Above the 1.3300 level, the GBP / USD is expected to rise to the 1.3370 level[/B] [B]In the case of the appear of reversal candles, such as [/B] [B] the shooting star candle pattern , bearish englfing pattern [/B] [B]Or other Japanese reversal candle patterns[/B] [B]The pair is expected to fall towards the 1.3200 level[/B] [B]The GBPUSD formed the zigzag AB = CD when it rose[/B] [B]From the 1.3066 level, which is a sign of a possible decline for the GBP[/B] [B]Today's technical summary for the GBP and the currency analysis[/B] [B] [/B] [B]It is preferable to wait for the GBPUSD to sell if it closes on[/B] [B]the hour frame near the 1.3250 level[/B] [SIZE=5] [/SIZE] [/QUOTE]
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