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Back Technical analysis
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Back Technical analysis
GBP/USD. March 23rd. The Energy War Continues
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Friday rebounded from the resistance level of 1.3437–1.3465, reversed in favor of the U.S. dollar, and began a new decline. The pair also consolidated below the 1.3341–1.3352 level, which allows for expectations of movement toward the 1.3199–1.3214 level. A consolidation above 1.3341–1.3352 would favor the pound and a resumption of growth toward 1.3437–1.3465. The wave situation has started to shift toward a "bullish" outlook, but already today or tomorrow bears may
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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