empty
 
 
11.01.2019 08:21 AM
Forecast for GBP/USD on January 11, 2019

GBP/USD

On Thursday, the British pound made an unspoken attempt to decrease, leaving it at a meeting with the support of the balance line on the daily chart and on the balance line and the Krusenstern on the four-hour. Thus, the desire of the British pound to try again to go to the Krusenstern line in the area of 1.2833 on the daily chart remains. The signal line of the Marlin oscillator is currently in the negative zone, and there is even a divergence with the price, but the overall rising trend prevails. The first sign of a possible break down will be the consolidation of the price below the low of yesterday, the second, already the main sign, will be the departure of the price under support on the daily chart 1.2686.

This image is no longer relevant

This image is no longer relevant

Yesterday, British Prime Minister Theresa May held talks and will continue today with trade unions – labor colleagues and their leader Jeremy Corbyn. Now all the attention is on Tuesday - the date of the parliamentary vote on an agreement with the EU on Brexit.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 April 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback