GBP/USD Forecast: bullish “Pennant”

gbp-l2The price is consolidating between the levels 1.3652 – 1.3444.

The main intraday target is the nearest resistance at 1.3625 – 1.3681.

If a pullback from this area arrives little later on, there’ll be an opportunity to have a decline in the direction of the closest support at 1.3533.

22-9-2017-GBP-H4.png

There’s a bullish “Pennant”, so the pair is likely going to reach the nearest resistance at 1.3625 -1 .3681. Meanwhile, if we see a pullback from these levels, bears will probably try to deliver a downward correction.

22-9-2017-GBP-H1.png

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply