GBP/USD Technical Analysis 01/09/18

GBP/USD currency pair continues to move within the ascending channel on the 4H timeframe. At the moment, there is an attempt to test the level of 1.3520-1.35 and continue the pair growth above the level of 1.36. In favor of the pair growth will be a trend line test on the RSI indicator.

Cancellation of the growth will be a fall and a breakdown at the level of 1.34, which indicates the pair continues falling below 1.33. It is expected to accelerate the pair growth with a breakdown of the level of 1.36.

 

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