empty
 
 
24.12.2014 06:29 AM
Daily analysis of GBP/USD for December 24, 2014

The GBP/USD pair has been making sharp declines in the last weeks of the year, because this pair has tried to make a breakout at the support level of 1.5506. For now, the odds are high that the GBP/USD pair will continue strengthening the bearish bias on the daily chart, although a possible rebound to the current levels is not ruled out.

Dailychart's resistance levels: 1.5642 / 1.5746

Dailychart's support levels: 1.5506 / 1.5407

This image is no longer relevant

On the H1 chart, the GBP/USD pair is trying to form a bearish pattern below the resistance level of 1.5534. For now, movements in a range of this pair might suggest that GBP/USD is trying to continue the bearish trend for several days and this could be checked with a breakout at the level of 1.5501, which would open the way for the GBP/USD pair to fall to the level of 1.5460.

H1 chart's resistance levels: 1.5534 / 1.5590

H1 chart's support levels: 1.5501 / 1.5460

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.5501, take profit is at 1.5460, and stop loss is at 1.5543.

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 $1000 more!
    In June we raffle $1000 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