empty
 
 
30.04.2015 11:45 AM
Technical analysis of GBP/USD for April 30, 2015
This image is no longer relevant

Overview:

  • The resistance was set at the level of 1.5051 and the support was found at 1.5340 on April 30, 2015. So, according to the previous events, the price is moving between 1.5340 and 1.5051. It should be noted that the range will be around 289 pips this week. Consequently, the trend in the H4 chart is calling for a bullish market at the levels of 1.5051 and 1.5401. For this reason, look for further upside move with targets at 1.5490 above the levels of 1.5051 and 1.5401 if it can break a minor resistance at 1.9490. The price will continue towards 1.5551 in order to test the double top. On the other hand, if the the pair will be not able to break the strong resistance at 1.5551, the market will indicate a bearish opportunity below 1.5551; for that it will be a good sign to sell below 1.5551 with the first target at 1.5435 and it will call for downtrend to continue bearish towards 1.5360.

Notes:

  • Resistance is seen at 1.5551 and the support placed at 1.5360.
  • We expect a range of 80 pips today, and up to 300 pips this week.
  • Please consider the market volatility before investing, as the sight price is likely to be already reached.
Summary
Urgency
Analytic
Mourad El Keddani
Start trade
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 $6000 más!
    ¡En Diciembre, sorteamos $6000 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
  • 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