Weekly analysis GBPUSD H4 (2018-04-w4)

The pair started the week with the mark (Open 1.39991; gap - 84) with the test (up D1), the subsequent increase to (High 1.40301 / Tenkan-sen) and the breakdown (up D1 broken / S1W1 broken). The consolidation of the course in the expected interval (EMA522, S1W1 broken, S2W1) ended in breakdown (S2W1 broken) to (Low 1.37461) and closing the week (Close 1.37801).

See also the forecast 2018-04-23.