Technical Analysis : GBP/USD 11 June 2020

Forex Technical Analysis : GBPUSD

Target Level 1.2652

Date : 11 June 2020

Support Line (A) : 1.2619 – Last TP of Channel Up

Resistance Line (B) : 1.2813 – Last TP of Channel Up

Target Period : day

Interval : 1 hour

Pattern : Channel Up

Length : 115 Candles

Detail : Channel Up has broken through the support line at 11-Jun-11:00. Possible bearish price movement forecast for the next day towards 1.2652. (Supported by Downward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.