empty
 
 
04.01.2019 01:50 PM
GBP/USD analysis for January 04, 2019

This image is no longer relevant

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.2690. According to the H1 time – frame, I have found that price is trading above the 3-moving averages, which is a sign that buyers are in control. I also found that AO oscillator and AC oscillator are showing reading above the zero, which is another positive sign for further upward movement. The Asian session showed a neutral tone but the the European session is showing strength. Watch for buying opportunities. The upward targets are set at the price of 1.2720 and at the price of 1.2760.

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • 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 February 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
  • 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