Forex Technical Analysis of GBPUSD for November 09 (updated) ~ best forex trading software reviews
Support - S1 : 1.4980 | S2 : 1.4907 | S3 : 1.4788
Resistance - R1 : 1.5173 | R2 : 1.5292 | R3 : 1.5366
Main Trend - Bearish
Intraday Trend - Bearish
You can observe on the 4H chart of forex technical analysis that the price break downward Andrew's Pitchfork and is moving below of the lower channel. After the strong downward movement on Friday EMA(50) and EMA(200) proceed to a downward cross.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more »Resistance - R1 : 1.5173 | R2 : 1.5292 | R3 : 1.5366
Main Trend - Bearish
Intraday Trend - Bearish
You can observe on the 4H chart of forex technical analysis that the price break downward Andrew's Pitchfork and is moving below of the lower channel. After the strong downward movement on Friday EMA(50) and EMA(200) proceed to a downward cross.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
More info for Forex Technical Analysis of GBPUSD for November 09 (updated) ~ best forex trading software reviews:
