GBPUSD intraday forecast (technical side) 2018-03-08

8 March 2018, 09:10
oleksandr bilokon
0
22

Chart: https://bi0l.blogspot.com/2018/03/gbpusd-intraday-forecast-technical-side_8.html

(Bear side). For positions for sale, if the reverse formation from (R1 / R2) is set, targets may be up (up H4 / S1 / S2 / S3).

 

(Side of bulls). For purchases, with the condition of breakdown above (R1) the target can be equal (R2 / R3 / down D1). In the case of lowering the rate at the limit of the key support levels, new purchasing positions may be opened from the levels (Ema 120 / up H4 / S1 / S2).

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