Technical Analysis : GBP/USD 10 May 2019

10 May 2019 Analysis (Forex, Currency Pair, CFDs, Crypto, etc.)AutochartistCurrency PairGBP/USD

Forex Technical Analysis : GBPUSD (10 May 2019)

Forex Technical Analysis : GBPUSD

Target Level 1.2967

Support Line (A) : 1.2967 – Last TP of Falling Wedge

Resistant Line (B) : 1.3036 – Last TP of Falling Wedge

Target Period : day

Interval : 4 hours

Pattern : Falling Wedge

Length : 28 Candles

Identified : 10-May-19

Detail : Falling Wedge identified at 10-May-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2967 within the next day. (Supported by Downward sloping Moving Average)



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