empty
 
 
25.11.2021 02:38 PM
Technical Analysis of GBP/USD for November 25, 2021

This image is no longer relevant

Overview:

The trend of GBP/USD pair movement was controversial as it took place in the down channel, the market showed the signs of instability.

Due to the previous events, the price is still moving between the levels of 1.3414 and 1.3300. Also, it should be remembered that the daily resistance and support are at the levels of 1.3270 and 1.3225 respectively.

Therefore, it is recommended to be cautious while opening orders in this area. So, it is necessary to wait until the downtrend channel has completed.

Yesterday the market has moved from it's top at 1.3114 and continued to fall towards the bottom of 1.1315.

Today in the one-hour chart, the current rise will remain in the framework of corrections. However, if the pair fails to pass through the level of 1.1315, the market will indicate a bearish opportunity below the strong resistance level of 1.1315 (the level of 1.1315 coincides with the double bottom too).

Since there's nothing new in the path of this pair, it is still not bullish. In this regard, sell deals are recommended lower than the 1.1315 level with the first target at 1.3170.

If the trend breaks the support at 1.3170. Thereupon, it is possible that the pair will move downwards continuing the development of the bearish trend to the level 1.3225 in order to test the daily support 2 (horizontal red line).

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $1000 lebih lagi!
    Dalam Oktober kami membuat cabutan bertuah $1000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget