Sell gbp below 1.32336 | 15 June 2018
15 June 2018, GBP/USD
Technical Observation:
Yesterday, gbp barely hit my sell line 1.34609, but ended up rallying to the lowerside without moving to the lowerside. Today, I expect a breakout below 1.32336 to confirm a possible rally towards 1.131 or even lower. On it's way to the lowerside, the key lines to the lowerside include 1.32326, 1.131, 1.3012. and 1.2791. As it is, only a sell position looks ideal, but should the price bounce from 1.32336, then this will be a good place to buy.
Technical Levels
Resistance levels
R1: 1.3481
R2: 1.3572
R3: 1.3749
Pivot
1.3392
Support Levels
S1: 1.3037
R2: 1.3215
R3: 1.3313
Trade Signal
Sell gbp below 1.32336
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
