empty
 
 
24.08.2015 01:08 PM
Technical analysis of GBP/USD for August 24-28, 2015

The weekly technical analysis of GBP/USD pair:

This image is no longer relevant

Trading recommendations:

  • The GBP/USD pair is in the short term.
  • The price of GBP/USD is going to keep the bearish sentiment from the level of 1.5753. In addition, the level of 1.5753 represents the weekly resistance 1. Besides, GBP/USD was calling for a sideways trend last week for that it had formed a range between the levels of 1.5722 and 1.5562. Accordingly, it will be a good sign to sell below it at 1.5753 with the first target of 1.5702 to test a double bottom at this area. Then, if the price breaks the double bottom, it will call for a downtrend market in order to continue its bearish movement towards 1.5685 (the weekly pivot point). Equally important, the resistance would be set at the 1.5753 level. Moreover, the range today will be about 1.5740 to 1.5680. Therefore, we expect a medium range up to 60 pips today. However, the stop loss should be placed above the the weekly resistance at the price of 1.5780.
This image is no longer relevant
Mourad El Keddani,
Especialista em análise na InstaForex
© 2007-2025
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 $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