GBP/USD analysis for April 13, 2018 888011000 110888 Just recently, the GBP/USD set has been trading upwards. As I expected, the price evaluated the level of 1.4295. Inning accordance with the M30 time– frame, I discovered that buyers are in control, which is an indication that offering looks risky. I also discovered a damaged resistance and hidden bullish divergence on the moving average oscillator in the background, which is another sign of strength. The trend is bullish and my guidance is to gowith the instructions of the pattern. The upward targets are set at the price of 1.4310 and1.4340(major swing high ). Resistance levels: R1: 1.4268 R2: 1.4310 R3: 1.4370 Assistance levels: S1: 1.4165 S2: 1.4105 S3: 1.4065 Trading suggestions for today: watch for possible purchasing opportunities.The product has actually been supplied by InstaForex

By | April 13, 2018

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