empty
 
 
09.08.2012 02:06 PM
GBP/USD Intraday Technical Analysis and Trading Recommendations for August 9, 2012

This image is no longer relevant

 

The main tendency for the GBP/USD pair was bullish this week. As we see, the pair has been moving within three bullish channels which are depicted on the chart. However, the pair is showing some bullish weakness which is manifested in the recent overlapping swings that are taking place within the current Yellow channel.
Yesterday, the GBP/USD pair met the intraday Resistance Level of 1.5665 which expressed a significant bearish price action till now pushing the pair to the downside to test the lower limit of the Violet channel around price level of 1.5645. If this is broken, the pair will be able to resume its bearish movement towards 1.5600, 1.5545 then 1.5505.
The upper limit of the Yellow channel around 1.5690-1.5700 is considered as a strong intraday Resistance Level and a valid SELL entry with SL located above 1.5735.

Mohamed Samy,
Especialista em análise na InstaForex
© 2007-2026
Summary
Urgency
Analytic
Mohamed Samy
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 $10000 mais!
    Em Janeiro nós sorteamos $10000 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