GBPUSD weekly forecast (technical side) 2018-05-w3

14 May 2018, 06:53
oleksandr bilokon


(Side of bulls). For purchases under the condition of the turn of the wind (S1W1 / down D1 broken / up H1 / 1-key levels), or if the probability of a break higher (R1W1) target levels may be (R2W1 / R3W1), and if the breakdown is higher - (up W1 broken).

 (Bear side). For saved positions for sale under the condition of breakdown below (1-key levels / S2MN tested), the targets may be equal (S1W1 / down D1 broken), under the condition of breakdown below (S2W1 / S3W1 / S3MN). New sales targets for risk reduction are better planned (down W1broken / EMA120 / R3W1) with targets (S1W1 / S2W1 / S3W1 / S3MN).

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