Technical Analysis : GBP/USD 1 June 2020
1 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD
Forex Technical Analysis : GBPUSD
Target Level 1.2415
Date : 1 June 2020
Support Line (A) : 1.2377 – Last TP of Rising Wedge
Resistance Line (B) : 1.2415 – Last TP of Rising Wedge
Target Period : 5 hours
Interval : 30 Minutes
Pattern : Rising Wedge
Length : 31 Candles
Detail : Rising Wedge identified at 01-Jun-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2415 within the next 5 hours. (Supported by RSI below 40)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
If you open a live account with a broker that support Autochartist, you’ll get :
– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.
