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GBP/USD Anlaysis 

Source : AvaTrade Forex Broker  (Review and Rebate Program)

Summary :
Target Level : 1.5776
Target Period : 3 days

Analysis :
Channel Down identified at 02-Jul-15:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.578 within the next 3 days.

Resistance Levels :
( B ) 1.5776Last resistance turning point of Channel Down.

Support Levels
( A ) 1.5564Last support turning point of Channel Down.

GBP/USD Chart

gbp

 

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