GBPUSD intraday forecast (technical side) 2017-06-22

22 June 2017, 12:29
oleksandr bilokon
Estimated levels for today:
Support (S1 / S2 / S3 = 1.26099 / 1.25813 / 350), resistance (R1 / R2 / R3 = 1.27026 / 312/776).

Key levels (1 st from 1.26538 to 1.26594 at the end of the day, 2nd loop 1.27073 to 1.26723).


The OsMa indicator indicated an increase in the activity of bulls during testing (EMA120) and a decrease in the activity of the parties when entering the cloud of key levels, which prefers to plan for trading corrections for today.
Given the state of the Stochastics oscillators, expect a 1-key level test and (down h1), where you want to consider the activities of the parties on the charts of smaller timeframes.
Short Sales, have meaning from (down h1), with targets up to S1, S2, S3.
Alternative purchases are meaningful under condition of breakdown (down h1), with goals (R1, R2, down H1), and under condition of breakdown up to R3.
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