empty
 
 
31.03.2014 03:59 AM
Daily analysis of GBP/USD for March 31, 2014

Daily chart: The GBP/USD is facing resistance at the level of 1.6663, so it is very likely that during this week this pair will perform corrective movements to form a lower high pattern below that level. If the pair manages to make a breakout at the resistance level, it's expected to rise to the level of 1.6766. The MACD indicator is in positive territory.

This image is no longer relevant

H4 chart: The GBP/USD stays below the resistance level of 1.6644. The next target for this pair is the 1.6667 level. However, it is very likely that this pair will fall to the support level of 1.6592. If the pair manages to consolidate above the 1.6667 level, it's expected to rise to the level of 1.6735. The MACD indicator is in the overbought zone.

This image is no longer relevant

H1 chart: This pair is consolidating above the point of control at the level of 1.6629. It is very likely that the GBP/USD will attempt to climb to the resistance level of 1.6700. If the pair manages to make a breakout at that level, it would be expected to rise to the level of 1.6750. On the other hand, if the GBP/USD manages to make a breakout at 1.6629 level, it's expected to fall to the level of 1.6578, where the 200-day moving average is located. The MACD indicator is in neutral 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 1.6700, take profit is at 1.6750, and stop loss is at 1.6650.

InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
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.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback