empty
 
 
17.08.2012 05:22 PM
GBP/USD Sell Below 1.5740 for August 17, 2012 (Daily Strategy)

 

The pound sterling failed to hold above 1.5740 resistance, currently it is quoted below this level and it is likely that the downward pressure will bring it to 1.5640 next support level. It is possible that the currency will try to break this level again. If the attempt is unsuccessful, we recommend selling on the return 1.5732, with targets at 1.5646, the stop loss is placed above the highs of 1.5770.
The indicators are showing negative divergence.

 

This image is no longer relevant

If you need a personal consultation, contact me via e-mail: [email protected]

If you like my Technical analysis, please vote for me, but first you must register at the portal MT5 for a vote to be valid. Thanks.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
InstaForex Analyst
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 $10000 more!
    In January we raffle $10000 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