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Farooq

Technical Analysis – GBPUSD _ 29-03-2019

HomeTechnical AnalysisTechnical Analysis – GBPUSD _ 29-03-2019
29
Mar
Technical Analysis – GBPUSD _ 29-03-2019

Base: 1.3100
The pair achieved the third targets mentioned yesterday by analyzing the former which was the first target 1.3135 and the second target 1.3075 and the third target 1.3000 and then the pair saw a wave of correction to the levels of 1.3080
On the whole the pair is still within the negative territory as long as it is below the 1.3100 support level, it is possible to retest the 1.3000 point, which by breaking it could extend further negativity to 1.2950
On the upside, we may see a rebound to a very important level at 1.3115 which could break the pair to 1.3200 and then 1.3270

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