GBP/USD, Technical Analysis – H1
GBP/USD is currently consolidating near a key slanted support on the H1 chart, with the setup increasingly favoring a downside resolution.
The p
air is consolidating within the zone of the slanted support, which, in the current configuration, points to an approaching resolution with a downward breakout. At the same time, an actual break has not yet occurred, so the possibility that the current consolidation will continue for some time cannot be ruled out.
Key Levels:
□ 1.3330–1.3360 — Consolidation / slanted support zone
□ 1.3280 — Downside target
Primary Scenario:
Decline to 1.3280.
Alternative Scenario:
Flat within the 1.3330–1.3360 range.
Analyst Commentary:
Possible upward price moves will provide selling opportunities.
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.