Looking to sell | 06 Oktober 2017

06 Oktober 2017, GBP/USD

Looking to sell
Technical Observation:
Gbp is currently trading slightly below its daily pivot line 1.3159. By closing below 1.3452, Gbp went lower than expected and may continue to plummet even further. That said, unless there's a clear close above 1.3159 and most importantly above 1.3452, I expect a drastic drop towards 1.2098 or even lower. On it's way downwards, key support can be seen around 1.2857, 1.2520 and lastly 1.2098, if these lines are broken, then the price may drop even further towards 1.1660.
Technical Levels
Resistance levels
R1: 1.3211
R2: 1.3302
R3: 1.3445
Pivot
1.3159
Support Levels
S1: 1.2874
S2: 1.3017
S3: 1.306
Trade Signal
Look for a short position towards 1.2857

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.