empty
 
 
26.09.2014 11:48 AM
Technical analysis of GBP/USD for September 26, 2014
This image is no longer relevant

Trading recommendations:

  • According to the preceding news, the GBP/USD pair is still moving between 1.6250 and 1.6385.
  • So, the range of the pair will be around 120 pips on the face of maximum today.
  • Therefore, sell below the level of 1.6385 which represents the ratio of 61.8% Fibonacci retracement levels with the first target at the 1.6270 price, then It will call for ф downtrend in order to continue its bearish movement towards 1.6246 in order to test this strong support (it should be noted that the price of 1.6257 is going to form a new double bottom around the ratio of 23.6% Fibonacci retracement levels).
  • At the same time, the stop loss should be placed at the level of 1.6450.

Intraday technical levels:

Date and Time:26/09/2014 10:46

Pair:GBP/USD

  • R3: 1.6411
  • R2: 1.6376
  • R1: 1.6345
  • PP: 1.6310
  • S1: 1.6279
  • S2: 1.6244
  • S3: 1.6213

Note:

  • It should be noted that if there is no significant news to influence, the market price will be moving from pivot point to resistance 1 or support 1. But if there is significant news to influence, the market price may go straight through resistance 1 or support 1 and reaches resistance 2 or support 2 and even resistance 3 or support 3.
Mourad El Keddani,
Especialista em análise na InstaForex
© 2007-2026
Summary
Urgency
Analytic
Mourad El Keddani
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 $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 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