Technical Analysis : GBP/USD 29 August 2019

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

Forex Technical Analysis : GBPUSD (29 August 2019)

Forex Technical Analysis : GBPUSD

Target Level 1.2128

Resistant Line (A) : 1.2310 – Last TP of Rising Wedge

Target Period : 7 hours

Interval : 4 hours

Pattern : Rising Wedge

Length : 24 Candles

Identified : 29-August-19

Detail : Rising Wedge has broken through the support line at 28-Aug-16:00. Possible bearish price movement forecast for the next 7 hours towards 1.2128. (Supported by Downward sloping Moving Average)

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