Technical analysis of GBP/USD 10/09/2018

The GBP/USD currency pair develops an upward movement within the channel on a 1N time frame. At the moment, we can expect growth of quotes and a test of the resistance area near the level of 1.3160.
The test trend line on the RSI indicatorIn stands in favor of the pair growth. Cancellation of the bullish option will be the breakdown of the support area with the closing of quotes below the level of 1.3020, which will indicate a breakdown of the lower boundary of the upward channel.


Created by Joshua Hayn

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