Technical analysis prediction for the 1st of October 2018
Instrument ; Gbp usd
Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R
speculative position ; short position
price prediction , 1.2570
weekly chart
Daily chart
Gbp usd mkt trend is strongly bearish bias and technical view on the weekly chart indicate likely continuation downtrend as long term outlook remains bearish biased, Ema signal is downtrend, Rsi (29.11), Macd signal is downtrend while on the daily chart view, the currency pair remain biased downtrend and in coming months i expect further continuation downtrend towards 1.2570 level , Ema signal is downtrend, Rsi (25.02), Macd signal is downtrend and prediction for the 1st of October 2018 is 1.2570
Instrument ; Gbp usd
Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R
speculative position ; short position
price prediction , 1.2570
weekly chart

Daily chart

Gbp usd mkt trend is strongly bearish bias and technical view on the weekly chart indicate likely continuation downtrend as long term outlook remains bearish biased, Ema signal is downtrend, Rsi (29.11), Macd signal is downtrend while on the daily chart view, the currency pair remain biased downtrend and in coming months i expect further continuation downtrend towards 1.2570 level , Ema signal is downtrend, Rsi (25.02), Macd signal is downtrend and prediction for the 1st of October 2018 is 1.2570