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Back Technical analysis
GBP/USD. March 11. Will inflation help the dollar?
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair rose on Tuesday to the resistance level of 1.3437–1.3465. A rebound from this level would favor the U.S. currency and lead to some decline toward the support level of 1.3341–1.3352. If the pair consolidates above the 1.3437–1.3465 level, the probability of continued growth toward the next resistance level of 1.3526–1.3539 will increase. The wave situation continues to shift toward a bullish structure. The last completed downward wave did not break the previous
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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