empty
 
 
25.04.2019 09:09 AM
GBP/USD. April 25th. The trading system "Regression Channels". The pound may fall to 1.2450 in the future

4-hour timeframe

This image is no longer relevant

Technical details:

The upper linear regression channel: direction - up.

The lower linear regression channel: direction - down.

The moving average (20; smoothed) - down.

CCI: -138.0975

The volatility in the GBP/USD currency pair has increased, the downward trend on the pair remained. As we have repeatedly said in earlier reviews, the British currency is now only one – down. Of course, there may be corrections, there may be rollbacks. A currency cannot depreciate continuously. However, the downward trend will prevail until there is clarity on Brexit. And on the one hand, the UK received a delay of 6 months to resolve the situation with Brexit. On the other hand, it is an additional 6 months to reduce the pound. Traders are well aware that in the current situation to buy the pound, especially in the medium and long term, does not make any sense. Today, the movement of the currency pair may be affected by the report on orders for durable goods of the United States. However, the situation is similar to the situation with the EUR/USD pair, the fall of the pound is likely to be technical in nature, which can cause an upward correction today or tomorrow. On the topic of Brexit, no important messages have been received in recent days. Also, the resignation of Theresa May remains unclear. Rumors that she may be put forward another vote of no confidence continue to spread. However, the resignation is unlikely to solve the problems of the UK, given that the European Union has flatly refused to conduct new negotiations on Brexit.

Nearest support levels:

S1 - 1.2909

S2 - 1.2878

Nearest resistance levels:

R1 - 1.2939

R2 - 1.2970

R3 - 1.3000

Trading recommendations:

The pair GBP/USD continues its downward movement. Thus, it is recommended to trade short positions with targets at 1.2909 and 1.2878 before turning Heiken Ashi's indicator to the top, which will indicate a round of upward correction.

Long positions are recommended to be considered after fixing the pair above the moving average line with targets at 1.3031 and 1.3062. In the current circumstances, this option is unlikely.

In addition to the technical picture should also take into account the fundamental data and the time of their release.

Explanations for illustrations:

The upper linear regression channel is the blue lines of the unidirectional movement.

The lower linear channel is the purple lines of the unidirectional movement.

CCI is the blue line in the indicator regression window.

The moving average (20; smoothed) is the blue line on the price chart.

Murray levels - multi-colored horizontal stripes.

Heiken Ashi is an indicator that colors bars in blue or purple.

Paolo Greco,
انسٹافاریکس کا تجزیاتی ماہر
© 2007-2024
انسٹافاریکس کے ساتھ کرپٹو کرنسی کی معاملاتی تبدیلیوں سے کمائیں۔
میٹا ٹریڈر 4 ڈاؤن لوڈ کریں اور اپنی پہلی ٹریڈ کھولیں۔
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    مقابلہ میں شامل ہوں
  • چانسی ڈیپازٹ
    اپنے اکاؤنٹ میں 3000 ڈالر جمع کروائیں اور حاصل کریں$1000 مزید!
    ہم اکتوبر قرعہ اندازی کرتے ہیں $1000چانسی ڈیپازٹ نامی مقابلہ کے تحت
    اپنے اکاؤنٹ میں 3000 ڈالر جمع کروانے پر موقع حاصل کریں - اس شرط پر پورا اُترتے ہوئے اس مقابلہ میں شرکت کریں
    مقابلہ میں شامل ہوں
  • ٹریڈ وائز، ون ڈیوائس
    کم از کم 500 ڈالر کے ساتھ اپنے اکاؤنٹ کو ٹاپ اپ کریں، مقابلے کے لیے سائن اپ کریں، اور موبائل ڈیوائسز جیتنے کا موقع حاصل کریں۔
    مقابلہ میں شامل ہوں
  • 100 فیصد بونس
    اپنے ڈپازٹ پر 100 فیصد بونس حاصل کرنے کا آپ کا منفرد موقع
    بونس حاصل کریں
  • 55 فیصد بونس
    اپنے ہر ڈپازٹ پر 55 فیصد بونس کے لیے درخواست دیں
    بونس حاصل کریں
  • 30 فیصد بونس
    ہر بار جب آپ اپنا اکاؤنٹ ٹاپ اپ کریں تو 30 فیصد بونس حاصل کریں
    بونس حاصل کریں

تجویز کردہ مضامین

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.
Widget callback