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GBPUSD Technical Analysis American Session 06-April-2017
Home / GBPUSD Technical Analysis American Session 06-April-2017

 
GBP/USD is currently not gaining any momentum in a particular direction. But H4 chart shows an entry to short GBP/USD for at least 20 pips. As now market is resisted by LWMA of 100 period. RSI is showing a downside momentum. Stochastic Oscillator also shows a downward move. 
 
Resistance Level:
 
R1:  1.2512
R2: 1.2542
R3: 1.2588
 
Pivot:  1.2467
 
Support Level:
 
S1:  1.2438
S2:  1.2392
S3:  1.2363

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