Support - S1 : 1.5289 | S2 : 1.5252 | S3 : 1.5206
Resistance - R1 : 1.5373 | R2 : 1.5420 | R3 : 1.5457
Main Trend - Bullish
Intraday Trend - Bullish
We observe on 4H chart the exchange rate GBPUSD to move between EMA(50) and EMA(200). At the same time, the price is within the lower channel of an upward Andrew's Pitchfork.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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Resistance - R1 : 1.5373 | R2 : 1.5420 | R3 : 1.5457
Main Trend - Bullish
Intraday Trend - Bullish
We observe on 4H chart the exchange rate GBPUSD to move between EMA(50) and EMA(200). At the same time, the price is within the lower channel of an upward Andrew's Pitchfork.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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