GBPUSD intraday forecast (technical side) 2016-02-12

12 February 2016, 12:39
oleksandr bilokon
0
57

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

 

Calculated level for today:

 Support (S1 / S2 / S3 = 1,4292 / 1,4361 / 1,4404), resistance (R1 / R2 / R3 = 1,4542 / 85 / 1.4654).

Key resistance levels (1st from 1.4477 to 1.4480 late in the day, the 2nd of 1.4510 to 1.4453).

Growth of activity of the parties noted OsMa light, prefers to plan trading correction advantage purchases.

Given the state of OB oscillators Stochastics, expect a test of resistance levels R1 / R2 / R3 and (down H1 broken),

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

For short-term purchases of levels (down H1 broken) or trend (up h1) - target levels are calculated levels of resistance R2 / R3,

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

Alternative sales correction possible breakdown provided (up h1) and reduction of less than 1 second key level,

with the objectives to trend (up H4), or S1 / S2 / S3. 

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