BeanFX GBP Analysis
BeanFX GBP analysis page will give readers Monthly, Weekly and Daily technical analysis on GBP crosses/GBP related currency pairs. The analysis will focus on pairs such as GBPUSD, EURGBP, GBPCHF, GBPCAD, GBPJPY, GBPNZD and GBPAUD.
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8TH SEPTEMBER 2019
SUPPORT AND RESISTANCE LEVELS: Resistant level is at 1.233 area. Immediate support is at 1.2080 area.
SUPPORT AND RESISTANCE LEVELS: Resistant level is at 135.65 area. Immediate support is at 130.300 area.
SUPPORT AND RESISTANCE LEVELS: Resistant levels are 1.2500 and 1.2700 respectively.
24TH AUGUST 2019
SUPPORT AND RESISTANCE LEVELS: The pair is having an inverted head and shoulder and momentum is currently steady for more upside movement. Resistance is currently at 1.12365 area and a break/close of price above this level will give the Bulls the needed strength to push price to 1.2575 area. Immediate support is at 1.2250 area and a lower support is at 1.2165 area.
SUPPORT AND RESISTANCE LEVELS: We have five more trading days to the end of the month of August 2019 and EURGBP is already forming a Bearish Pin Bar. Price is currently at 0.90649 area. Bears are currently try to push price to the immediate monthly support at 0.89890 and a break/close below this level will further push price lower to the 0.8890 area.
However, resistance is now at 0.9110 while more Bears are at 0.9210 resistance area.