Minute (h4)
Great Britain Pound vs US Dollar
Previous review from 08/05/2019 22:09 UTC + 2.
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The currency movement of her Majesty's GBP / USD from May 14, 2019 will be determined by developing the boundaries of the zone of the equilibrium (1.2980 <-> 1.2930 <-> 1.2885) fork operational scale Minuette.
The layout of movement options within the Minuette equilibrium zone is shown in the animated graphic.
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Prospects for the development of the downward movement (sell)
The breakdown of the support level 1.2885 (lower limit of ISL61.8 equilibrium zone of the forked operating scale Minuette) -> continuation of the downward movement of GBP / USD towards targets -> local minimum 1.2865 <-> warning line LWL38.2 (1.2840) of the operating scale fork Minuette <-> minimum 1.2772.
Details look at the animated graphics.
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Prospects for the development of the upward movement (buy)
The breakdown of the resistance level1.2980 (upper limit of the ISL38.2 equilibrium zone of the willow of the operating scale Minuette) together with the initial SSL line (1.2989) of the fork operating scale Minuette will determine the movement of GBP / USD to the borders of 1/2 Median Line wagons of the operating scale -> Minuette (1.3015 <-> 1.3050 <-> 1.3085) and Minuette (1.3110 <-> 1.3176 <-> 1.3250).
Details are shown in animated graphics.
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The review compiled without taking into account the news background. Thus, the opening of trading sessions of the main financial centers and is not a guide to action (placing orders "sell" or "buy").
