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    GBP/USD Intraday Technical Analysis


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    When the European market opens, a number of economic news will be released such as Revised GDP q/q, French Trade Balance, French Gov Budget Balance, and German Industrial Production m/m. The US will release the economic data too such as the Average Hourly Earnings m/m, Unemployment Rate, Trade Balance, and Non-Farm Employment Change. So amid the reports, EUR/USD will move with medium to high volatility during this day.
    Breakout BUY Level: 1.1074.
    Strong Resistance:1.1068.
    Original Resistance: 1.1067.
    Inner Sell Area: 1.1046.
    Target Inner Area: 1.1020
    Inner Buy Area: 1.0994.
    Original Support: 1.0983.
    Strong Support: 1.0972.
    Breakout SELL Level: 1.0966.

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    Uitgevoerd door, Analytische expert
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