Minuette ( h1 )
Great Britain pound vs US dollar
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The development of the movement of the GBP / USD currency pair from May 31, 2019 will be determined by the direction of the range breakdown:
-> resistance level 1.2635 (initial SSL line of the Micro operational scale forks );
-> support level 1.2615 (starting line SSL is for Minuette operating scale forks ).
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The development perspective of the upward movement (buy)
The breakdown of resistance level of 1.2635 ( SSL Micro initial line ) -> a variant of the development of GBP / USD movement to the borders of the 1/2 Median Line channel ( 1.2665 <-> 1.2682 <-> 1.2700 ) and the equilibrium zone ( 1.2710 <-> 1.2737 <-> 1.2762 ) Micro operational scale forks.
Details are shown on the chart .
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Downward Move
Development Perspective (sell)
The breakdown of support level of 1.2615 ( SSL Minuette start line ) is followed by updating the local minimum of 1.2604, it will determine the possibility for a continuation of the downward movement of GBP / USD to the aims -> Control line LTL ( 1.2530 ) Fork operational scale Minuette <-> warning line UTL38.2 Minuette ( 1.2500 ).
Details are shown on the chart .
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The review was compiled without regard to the news background. The opening of trading sessions of the main financial centers does not serve as a guide to action (placing orders "sell" or "buy").
