Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday, September 18 2023.

parent
Forex Analysis:::2023-09-18T05:02:08

Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday, September 18 2023.

Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday, September 18 2023.

If we look and pay attention to the 4-hour chart of the main currency pair GBP/USD, you will see hidden deviations between the Cable price movement and the Stochastic Oscillator indicator and the EMA 50 & EMA 200 are still in Death Cross condition, which all indicates that the condition of GBP/USD on the 4-hour chart it is in a bearish condition so that in the near future GBP/USD as long as there is no upward correction beyond the 1.2500 level has the potential to fall down to test the 1.2352 level.

(Disclaimerr)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...