empty
 
 
27.11.2020 09:34 AM
Indicator analysis. Daily review for the GBP/USD currency pair 27/11/2020

Trend analysis (Fig. 1).

Today, the market will try to continue moving up from the level of 1.3351 (the closing of yesterday's daily candle) with the goal of 1.3393 which is the historical resistance level (blue dotted line). When this line is reached, the price can continue to move up with the goal of 1.3436 which is the target level of 161.8% (blue dotted line).

This image is no longer relevant

Figure 1 (daily chart)

Complex analysis:

  • Indicator Analysis – up
  • Fibonacci Levels – up
  • Volumes – up
  • Candle Analysis – up
  • Trend Analysis – up
  • Bollinger Bands – up
  • Weekly Chart – up

General conclusion:

Today, from the level of 1.3351 (closing of yesterday's daily candle), the price will try to continue moving up with the goal of 1.3393 which is the historical resistance level (blue dotted line). When this line is reached, the price can continue to move up with the goal of 1.3436 which is the target level of 161.8% (blue dotted line).

Alternative scenario: When moving up and reaching the historical resistance level of 1.3393 (blue dotted line), the price may start moving down with the target of 1.3290 which is a pullback level of 14.6% (red dotted line).

Stefan Doll,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback