empty
 
 
12.02.2021 03:53 PM
Trading Signal for GBP/USD for February 12 - 15, 2021: Sell Below 1.3815

This image is no longer relevant

The UK government representative on Brexit, Michael Gove, spoke for three hours with his EU counterpart Maros Sefcovic to discuss the Northern Ireland protocol, without success. Many investors have been trying to forget about the problem, but friction on several fronts can still drag the pound down.

On the technical level we note that the GBP / USD is trading below the SMA of 21 and below the +1/8 of murray, both levels are key, if the British pound trades below this area we can expect a Bearish movement to the support levels of the 200 EMA.

The level of the SMA of 21 around 1.3815. now it has become a strong resistance, and it is likely that we will see a bearish movement in the next few hours, as the eagle indicator is showing a slight lower signal.

The 200 EMA on the 4-hour charts around 1.3671 will be the next support for the pair and the immediate target in the event of a downward correction.

The latest bearish candles below 1.3815 confirm that a decline in GBP / USD could be triggered in the coming days.On the contrary, a weekly close above 1.3830 could change the bearish outlook and start a new bullish wave.

****************************************************************************************

Support And Resistance Levels For February 12 - 15, 2021

Resistance (1) 1.3817

Resistance (2) 1.3846

Resistance (3) 1.3876

Support (1) 1.3763

Support (2) 1.3728

Support (3) 1.3684

*************************************************************************************

Trading tip for GBP/USD for February 12 - 15, 2021

Sell below 1.3817 (SMA 21) with take profit at 1.3760 and 1.3675 (EMA 200), stop loss above 1.3855.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback