Technical Analysis : GBP/USD 9 October 2019

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

Forex Technical Analysis : GBPUSD (9 October 2019)

Forex Technical Analysis : GBPUSD

Target Level 1.2195

Support Line (A) : 1.2195 – Last TP of Falling Wedge

Resistant Line (B) : 1.2218 – Last TP of Falling Wedge

Target Period : 21 hours

Interval : 1 hour

Pattern : Falling Wedge

Length : 64 Candles

Identified : 9-October-19

Detail : Falling Wedge identified at 09-Oct-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2195 within the next 21 hours. (Supported by Downward sloping Moving Average)

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

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