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GBPUSD






5/15/2017 4:32:05 AM

GBPUSD - Technical Analysis: Monday, 15/05/2017 08:32 GMT



The GBPUSD pair begins to provide positive trades after testing the minor ascending channel's support, getting positive signals through RSI, which supports the chances of continuing the bullish trend, affected by the triple bottom pattern that was completed previously.

Our next target is located at 1.3077, while breaking 1.2860 will push the price to test 1.2706 direct.


Target
Risk


Support
Resistance


Trend Bullish

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