empty
 
 
02.06.2014 01:06 AM
Daily analysis of GBP/USD for June 02, 2014

Daily chart: The GBP/USD has bullish momentum above the support level of 1.6663. This pair could make a breakout at the resistance level of 1.6766, so we must be careful when placing sell orders, as the GBP/USD may have more room to rise. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: This pair is now forming a bullish pattern below the resistance level of 1.6762, so that the GBP/USD could conduct a breakout at that level to go up to where the 200 SMA is. However, it is also likely that the GBP/USD will make a pullback to fall back to the support level of 1.6731. The MACD indicator is in positive territory.

This image is no longer relevant

H1 chart: The GBP/USD has consolidated above the support level of 1.6750, so that the current direction of this pair points towards the 200 SMA, where the resistance level of 1.6800 is. If the pair manages to make a breakout at that level, it would be expected to rise to the level of 1.6850. The MACD indicator is in the overbought zone.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.6750, take profit is at 1.6700, and stop loss is at 1.6800.

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