empty
 
 
05.05.2014 01:51 AM
Daily analysis of GBP/USD for May 05, 2014

Daily chart: The pair tried to make a breakout at the support level of 1.6850, but the GBP/USD remains stable in the current bullish bias. For now, more bullish movements above this support level would be expected, so it is advisable to follow the bullish trend. The GBP/USD is forming a lower high pattern and the MACD indicator is in positive territory.

This image is no longer relevant

H4 chart: The GBP/USD fell to the support level of 1.6841, where the pair made a bullish rebound. Now this pair is trying to find support in the bullish trend line. If successful and it makes a breakout at the resistance level of 1.6900, it's expected to rise to the level of 1.7000. The MACD indicator is in negative territory.

This image is no longer relevant

H1 chart: The GBP/USD has made a bullish rebound at 200 SMA, where the point of control is located, and now this pair is consolidating above the support level of 1.6850. However, if the pair manages to make a breakout at that level, it would be expected to fall to the level of 1.6800. On the other hand, if the GBP/USD manages to make a breakout at the resistance level of 1.6900, it's expected to rise to the level of 1.6950. The MACD indicator is in positive territory.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.6900, take profit is at 1.6950, and stop loss is at 1.6850.

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback