GBP/USD: bullish "Flag"

GBP/USD: bullish "Flag"

18-9-2017-GBP-H4.png

The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach the closest resistance at 1.3652 - 1.3681 soon. However, if a pullback from this area happens, we could have a decline towards the next support at 1.3533.

18-9-2017-GBP-H1.png

There's a consolidation, which is taking place on the one hour chart. Also, we've got a bullish "Flag", so the pair is likely going to test the nearest support at 1.3532 during the day. If a pullback from this level happens, there'll be an option to have an upward price movement towards another resistance at 1.3652 - 1.3681.

gbp

Similar

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera