Monday, 15 June 2015

GBP/USD 15 june 2015 analysis


The 4 hours chart shows that the price is breaking deadened its 20 SMA, whilst the RSI indicator anticipates restructure declines, heading degrade towards its mid-descent, as the Momentum indicator remains flat above 100.

Should the price extend out cold 1.5490, the bearish hobby will likely accelerate towards the 1.5450 region, a hermetically sealed static preserve level. If the price extends added below this last, 1.5420 is the adjacent bearish purpose.

1.5550 continues to be the main intraday resistance and it will understand a crack above it to proclaim added advances towards the 1.5600 region, beautiful unlikely for today.

A look at today's GBP/USD prediction belows

WATCH  Entry Spot  1.55235
               Exit Spot    1.55300
               Stop Loss   1.55150
               Insicator     BUY