empty
 
 
29.05.2014 09:14 AM
Daily analysis of GBP/USD for May 29, 2014

Daily chart: The GBP/USD has made a breakout at the support level of 1.6766, so the bearish trend could extend for several days in this pair. If GBP/USD manages to make a breakout at the support level of 1.6663, it's expected to fall to the level of 1.6540. However, it is very likely that this pair begin to form a higher low pattern. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: This pair has consolidated below the 200-day moving average, so it is very likely that the GBP/USD will make a bearish breakout through the trend line resistance there near the level of 1.6731. However, if the pair manages to make a breakout at that level, it would be expected to rise to the level of 1.6762. The MACD indicator is in negative territory.

This image is no longer relevant

H1 chart: The GBP/USD has made a bullish rebound above the point of control that is formed at the support level of 1.6700. However, this could be the beginning of the formation of a bearish pattern. If the pair manages to make a breakout at that level, it would be expected to fall to the level of 1.6629. The MACD indicator is in positive territory.

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 1.6700, take profit is at 1.6629, and stop loss is at 1.6770.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
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 $6000 mais!
    Em Dezembro nós sorteamos $6000 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 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