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forextidings

Will GBP/USD Hit The Resistance or Keep Moving Sideways?

British Pound / U.S. Dollar (FX:GBPUSD)  
forextidings Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Trend Lines Trend Analysis GBPUSD gbpusdanalysis gbpusdsignal gbpusdtrend freesignals freeforexsignals freeforextips freecurrencytips
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supportandresistance trendline trendanalysis gbpusd gbpusdanalysis gbpusdsignal gbpusdtrend freesignals freeforexsignals freeforextips freecurrencytips
It's a GBP/USD chart on the 2hr time frame. Currently, it's moving sideways. But actually, it's moving upwards by following the control price and by taking the support of the support-line. The trend is trying to move upwards towards 1.3539. For that, it will hit 1.3377 - 1.3457. If the trend crosses 1.3539, then GBP/USD will march to reach the resistance. To knock the resistance line, it will touch the following targets 1.3550 - 1.3570 - 1.3580.

But if it breaks the control price, then the targets for the fall will be the following 1.3253 - 1.3240.


Trade closed: target reached
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