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Back Technical analysis
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Back Technical analysis
GBP/USD. March 2nd. Does the economy matter this week?
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair made sluggish attempts on Friday to consolidate below the support level of 1.3437–1.3470, but this became possible only late Monday night amid events related to the war in Iran. At present, the decline in quotes continues toward the support level of 1.3352–1.3362. A consolidation below this zone would allow traders to expect a continued drop toward the next corrective levels of 1.3294 and 1.3240. The wave situation remains "bearish." The last completed
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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