empty
 
 
22.06.2018 10:55 AM
Analysis of GBP/USD for June 22, 2018

This image is no longer relevant

Recently, GBP/USD has been trading upwards. The price tested the level of 1.3300. According to the H1 time frame, I found a breakout of the supply trendline in the background, which is a sign that buyers are in control. I also found a hidden bullish divergence on the MACD oscillator in the background, which is anotehr sign of strength. My advice is to watch for potential buying opportunities. The upward target is set at the price of 1.3470.

Resistance levels: R1: 1.3310R2: 1.3375R3: 1.3475

Support levels: S1: 1.3142S2: 1.3040S3: 1.2975 Trading recommendations for today: watch for potential buying opportunities.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback