Permanecer 
Condições de Negociações
Ferramentas
Technical Market Outlook:
The GBP/USD pair has tested the key short-term supply zone located between the levels of 1.2668 - 1.2686, but the Bearish Engulfing pattern had been made at the H4 time frame chart. The volatility has decreased and the momentum is just slightly above the level of fifty. Only a sustained breakout above of below certain level can provide a clue regarding the next market move: supply zone seen between 1.2668 - 1.2686 or demand zone seen between the levels of 1.2466- 1.2484.
Weekly Pivot Points:
WR3 - 1.2834
WR2 - 1.2735
WR1 - 1.2648
Weekly Pivot - 1.2555
WS1 - 1.2463
WS2 - 1.2373
WS3 - 1.2271
Trading Recommendations:
On the GBP/USD pair the main trend is down, which can be confirmed by the down candles on the weekly time frame chart. The key long-term technical support has been recently violated (1.1983) and the new one is seen at the level of 1.1404. The key long-term technical resistance is seen at the level of 1.3518. Only if one of these levels is clearly violated, the main trend might reverse (1.3518) or accelerate (1.1404). The market might have done a Double Top pattern at the level of 1.2645, so the price might move even lower in the longer-term.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Podemos usar cookies para analisar os dados dos nossos visitantes, melhorar nosso site e medir o desempenho da publicidade. No geral, esses dados são usados para proporcionar uma melhor experiência no site. Mais informações.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
