GBP/USD

6 May 2016, 12:29
Lahcene Ouled Moussa
0
26

Summary : 
Target Level : 1.4454
Target Period : 5 hours 

Analysis : 
Triangle has broken through the support line at 06-May-04:00 2016 GMT. Possible bearish price movement forecast for the next 5 hours towards 1.445.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( A ) 1.4497Last resistance turning point of Triangle.

 

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