Technical analysis:
GBP/USD has been trading Upside in the background but this morning I found the pullback towards the support.
Due to the upside push yesterday and the bull side cycle, I see potential for the upside movement.
Upside objective is set at the price of 1.2539
MACD oscillator is showing upside reading, which is good sign for the further upside movement.
Intraday support is set at the price of 1.2450
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
GBP/USD
has been trading Upside in
the background but this morning I found the pullback towards the
support.
Due
to the upside push yesterday and the bull side cycle, I see potential
for the upside movement.
Upside objective is
set at the price of 1.2539
MACD
oscillator is showing upside reading, which is good sign for the
further upside movement.
Intraday
support is set at the price of 1.2450
The material has been provided by InstaForex Company – www.instaforex.com
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