country flagالعربية
0

GBPUSD Technical analysis 20 June 2018

2018-06-20 05:29 am | Resource: Technical Analysis | No Views : 84

Time frame Used - four hours
The GBPUSD is moving in a bearish direction in the near term
GBPUSD CHART
The selling force was able to control the GBPUSD to break level of 1.3200 down to hit level of  1.3115
  In view of the technical indicators
Both the RSI and the Stochastic are indicating the arrival of indicators to the oversold area
Therefore we expect that  the GBPUSD will  target level of  1.3200 - 1.3222
The alternative scenario is that  the GBPUSD retreated to level of 1.3060
  Resistance: 1.3200 - 1.3274 - 1.3347
Support: 1.3145 - 1.3060 - 1.3000
Direction: Down
Technical Analysis
Forex Analysis
Bitcoin News


Other news

The Dollar is heading for a weekly closing in red

The dollar traded on Friday after a series of losses since the beginning of the week, which improved slightly yesterday after durable goods data and unemployment claims US unemployment claims for the first time fell more-than-expected in the week ending Feb. 16, falling to 216,000, down 23,000 from the previous unadjusted level of 239,000. Economists had expected jobless claims to fall to 229,000. According to data released by the Ministry…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.