empty
 
 
04.12.2018 08:27 AM
Forecast of GBP / USD pair on December 4, 2018

GBP / USD pair

The British pound put a lot of effort on the attack of technical resistance. The nested line of the price channel is found on the daily scale and the MACD line on the four-hour. A good British business activity in the manufacturing sector helped the pound as the index was 53.1 in November against the expected 51.6. Later, the American ISM Manufacturing PMI came out, showing an increase from 57.7 to 59.3 with the result of the pound closed the day by dropping 30 points.

But this is all, of course, a short-term speculative game. Indicators of trading volumes indicate that sales from 1.2800 / 10 have already closed at 1.2720. On Tuesday next week, the British parliament votes for Brexit.

Taking into account the frequent attacks of the prices of the MACD line on the four-hour chart, the current correction can also be expected in the area of this line (1.2772). It is possible and higher since the price convergence with the Marlin oscillator has formed on the H4 chart. If the correction does not develop, the convergence will disappear as soon as the price drops to the minimum of yesterday. In this case, the price will again target the area of 1.2550.

This image is no longer relevant

This image is no longer relevant

Laurie Bailey,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $8000 mais!
    Em Março nós sorteamos $8000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback