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Back Technical analysis
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Back Technical analysis
GBP/USD, April 24th: Four Opportunities for the Pound
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Thursday once again rebounded from the resistance level of 1.3513–1.3539, reversed in favor of the U.S. dollar, and began declining toward the nearest support level of 1.3428–1.3437. A rebound from this zone would allow for a reversal back in favor of the pound and some growth toward 1.3513–1.3539. A consolidation below the 1.3428–1.3437 level would increase the chances of further decline toward the next level of 1.3325–1.3352. The wave situation remains
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Samir Klishi,
Analytical expert of InstaForex
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