Forex Technical Analysis of GBPUSD for October 26 (updated) ~ forex trading strategies software
Support - S1 : 1.5273 | S2 : 1.5232 | S3 : 1.5160
Resistance - R1 : 1.5386 | R2 : 1.5459 | R3 : 1.5499
Main Trend - Bearish
Intraday Trend - Bearish
Studying the 4H chart of forex technical analysis we have to notice that EMA(50) and EMA(200) are above price and have an upward cross. Price is below of the lower channel of Andrew's Pitchfork and finds support from the green trendline.
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 : 1.5386 | R2 : 1.5459 | R3 : 1.5499
Main Trend - Bearish
Intraday Trend - Bearish
Studying the 4H chart of forex technical analysis we have to notice that EMA(50) and EMA(200) are above price and have an upward cross. Price is below of the lower channel of Andrew's Pitchfork and finds support from the green trendline.
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 October 26 (updated) ~ forex trading strategies software:
