empty
 
 
14.08.2012 10:09 AM
GBP/USD Intraday Technical Analysis

This image is no longer relevant
 

 

The spot rate is evolving since August 10th between the upper limit of its medium term bullish channel at 1.5720 and the intermediate support of this one at 1.5670. It approaches now the intermediate support supporting the assumption of a rebound. However, a break of these levels will release a good potential and will enable to reach the lower limit of this one at 1.5590.

 

Technical indicators do not provide clear signals but until the resistance or the support is not broken, no clear trend has emerged. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.
The spot rate is between 2 limits and we recommend 2 scenarios: the first one is a “buy stop”, then we recommend to buy the spot rate as soon as it is broken through its resistance of 1.5720 with the 1st objective at 1.5780 and then at 1.5800. A breakthrough 1.5700 will invalidate this scenario. The second one is a rebound of its support, then we recommend to buy on the level of 1.5670 with the 1st objective at 1.5720 and then at 1.5740. A breakthrough 1.5650 will invalidate this scenario.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2026
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 $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