Daily Forex Update: GBP/USD

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GBP/USD   5 hours

Chart date range

07-Jun 17:00 GMT-> 09-Jun 07:00 GMT

Data Interval

Hour


Summary

 

Target Level

 

1.450266

Target Period

 

5 hours

Stop Level

 

1.4395


Analysis


Triangle has broken through the resistance line at 09-Jun 07:00 GMT. Possible bullish price movement forecast for the next 5 hours towards 1.450266

Supporting Indicators


Upward sloping Moving Average

Resistance Levels

 

(B)

1.4474

 

Last resistance turning point of Triangle.


Support Levels

 

(A)

1.4395

 

Last support turning point of Triangle


  • 9 June |
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