empty
 
 
06.09.2015 09:34 PM
Daily analysis of GBP/USD for September 07, 2015

The current structure on daily chart is calling for more downside in coming days, because GBP/USD did a breakout around the level of 1.5224. Now, that is a resistance zone with a focus placed towards the next support at the level of 1.5107. When a breakout happens there, then the pair will fall until at least the level of 1.4972.

This image is no longer relevant

On the H1 chart, the pair continues to trade alongside with the direction placed by the 200 SMA, which is pointing to the downside. The nearest support is located at the 1.5167 and when a breakout happens there, GBP/USD will trade lower towards the next bottom around the 1.5098 in a short term basis. MACD indicator is still at negative territory.

This image is no longer relevant

Daily chart's resistance levels: 1.5224 / 1.329

Daily chart's support levels: 1.5107 / 1.4972

H1 chart's resistance levels: 1.5220 / 1.5272

H1 chart's support levels: 1.5167 / 1.5098

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 1.5167, take profit is at 1.5098, and stop loss is at 1.5237.

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