Forex Technical Analysis of GBPUSD for February 01 (updated) ~ forex trading mobile software
Support - S1 : 1.4124 | S2 : 1.4004 | S3 : 1.3860
Resistance - R1 : 1.4388 | R2 : 1.4533 | R3 : 1.4653
Main Trend - Bearish
Intraday Trend - Bearish
On 4H chart of forex technical analysis for the exchange rate GBPUSD, we can see that the price close below EMA(50) and EMA(200) which have a downward cross between them. The price moves within the lower channel of Andrew's Pitchfork. The median line and EMA(50) are first resistance levels.
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 : 1.4388 | R2 : 1.4533 | R3 : 1.4653
Main Trend - Bearish
Intraday Trend - Bearish
On 4H chart of forex technical analysis for the exchange rate GBPUSD, we can see that the price close below EMA(50) and EMA(200) which have a downward cross between them. The price moves within the lower channel of Andrew's Pitchfork. The median line and EMA(50) are first resistance levels.
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 February 01 (updated) ~ forex trading mobile software:
