GBPUSD H1 Analysis & Forecast

GBPUSD H1 Analysis & Forecast

27 June 2016, 04:53
Chang Suk Chung

As though it is relatively small in comparison with Brexit fall of about 1800 pips,

there is a gap as many as 125 pips now at GBPUSD H1 chart.  




Tenkan-sen and Kijun-sen is moving downside.

Kumo like a line is also rapidly falling.  

Price is still matching a downward risk.  

First resistence point is  1.33013 which is the low price of candle in reponse chikou span after a hour.  

If price is trying to move upward,

next target point could be 1.34834 which is the lowest point of downside gap.

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