GBPUSD intraday forecast (technical side)

10 February 2016, 12:07
oleksandr bilokon
0
49

Chart : http://bi0l.blogspot.com/2016/02/gbpusd-2016-02-10-intraday-forecast.html

 

 Calculated data level: support (S1 / S2 / S3 = 1,4402 / 1,4369 / 17), resistance (R1 / R2 / R3 = 1,4506 / 39/91).

Key resistance levels (1st from 1.4481 to 1.4447 late in the day, the 2nd of 1.4422 to 1.4446).

Growing activity bear's parties noted of OsMa indicator at breaku of trend (down H1), prefers to plan trading advantage correction purchases.

Given the state of OB Stochastics oscillator, expect a test of key resistance levels and levels,

where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For short-term sales of alternative correction, provided the decline below key 1st level goals can be equal trend (up H1), or S1 / S2.

For purchases from key levels or trend (up H1) - target levels are calculated levels of resistance R1 / R2 / R3,

and in case of breakup - to 1.4633 / 60 (calculated support the week and the month of R1-w, R1-m) .

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