Technical Analysis : GBP/USD 9 June 2020

9 June 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 9 June 2020

Forex Technical Analysis : GBPUSD

Target Level 1.2628

Date : 9 June 2020

Support Line (A) : 1.2628 – Last TP of Rising Wedge

Resistance Line (B) : 1.2756 – Last TP of Rising Wedge

Target Period : 18 hours

Interval : 30 Minutes

Pattern : Rising Wedge

Length : 132 Candles

Detail : Rising Wedge identified at 09-Jun-09:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2628 within the next 18 hours. (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.

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