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