Technical analysis on all major pairs |3rd December 2018-screenshot_1.png

Technical parameters| (3rd December- 7th December) 2018

Possible entry point with critical support and resistance level. But when you trade at this level make sure that you are using price action confirmation signal. We have prepared these key support and resistance level based on the Fibonacci retracement levels, 100&200 SMA, key swings point and chart patterns formed in the higher time frame. Focus onGBPUSD technical analysis


Look for buying opportunity near the critical support

First critical Resistance: Click here

Second critical Resistance: 1.16685

First critical Support: Click here

Second Critical Support: 1.11038

Overall Sentiment: Bearish



All the technical parameters are applicable from 3rd December to 7th December 2018. The overall sentiment indicates the prevailing trend of the market. We highly recommend you to trade in favor of the market sentiment (overall sentiment) to reduce the risk of exposure in trading. Trade the critical support and resistance level with price action confirmation signal. If you want to get the technical chart analysis along with logical explanations, feel free to contact us.

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We publish regular technical analysis on all the major pairs every Monday. Please visit our site to get details about our technical analysis.