GBPUSD weekly forecast (technical side) 2018-(february26-march02)

Chart: https://bi0l.blogspot.com/2018/02/gbpusd-weekly-forecast-technical-side.html

(Bear side). For positions for sale under the condition of forming a turn from (R1 / down H4) the goals may be (up H4 / S1), and under condition of breakdown below (up H4) - to levels (R2 / R3 / EMA 522 / down W1).

(The side of the bulls). For stored positions of short-term purchases target (R1 / down H4) may be targeted, and under condition of breakdown above (down H4) - up (R2 / R3 / down W1). Open new positions are recommended under condition of breakdown above (down H4), or under the condition of formation of turn (EMA24, EMA120, up H1)