Trading Conditions
Products
Tools
The minor correction from 136.35 seems to have been completed. We are looking for a break above minor resistance at 135.35 as confirmation for the next impulsive rally above the mini-peak at 136.35 for a continuation higher to 139.77 and to 148.32.
Short-term support is seen at 134.14 with short-term support at 133.47.
R3: 135.92
R2: 135.33
R1: 134.75
Pivot: 134.54
S1: 134.14
S2: 133.74
S3: 133.47
Trading recommendation:
We are long GBP from 135.35 and we have placed our stop at 133.10
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.