empty
 
 
12.10.2014 06:05 PM
Daily analysis of GBP/USD for October 13, 2014

The GBP/USD continues to weaken in the daily chart, because this pair has found support at the 1.6046 level. If the GBP/USD manages to consolidate below this level, it would be expected to fall to the support level of 1.5883 in the long term. It would be a bearish consolidation below the fractal which formed days ago. However, it is likely that the GBP/USD will start performing corrective movements. The MACD indicator is entering neutral territory.

This image is no longer relevant

Dailychart's resistance levels: 1.6146 – 1.6235

Daily chart's support levels: 1.6046 - 1.5883

On the H1 chart, GBP/USD made a sharp drop to the support level of 1.6031, where the pair performed a rebound and later found resistance at the 1.6075 level. Now, the GBP/USD is trying to form a lower low pattern to strengthen the bearish trend in the short term. In addition, the GBP/USD that still remains below the 200 SMA.

This image is no longer relevant

H1 chart's resistance levels: 1.6075 – 1.6117

H1 chart's support levels: 1.6031 – 1.5980

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 1.6031, take profit is at 1.5980, and stop loss is at 1.6083.

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