empty
 
 
02.12.2022 10:12 AM
GBPUSD analsysis for December 02, 2022 - Second target has been reached and potential for the third target to be on the test

Technical analysis:

This image is no longer relevant

GBP/USD has been trading upside as I expected and the price has reached our second upside objective at the price of 1.2300. Anyway, due to the strong upside momentum in the background, I see potential for further upside movement.

Trading recommendation:

Due to the strong upside pressure in the background and bull flag pattern in creation, I see potential for further growth.

Watch for the potential buying opportunities on the intraday dips with the next main upside objective at 1.2450-1.2500

MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.

Key support is set at the price of 1.2225

GBPUSD
Great Britain Pound vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    เข้าร่วมการแข่งขัน
  • Chancy Deposit
    ฝากเงินในบัญชีของคุณใน $3,000 และรับ $8000 ไปเพิ่ม!
    ใน มีนาคม ทางเราได้ออก$8000 ภายในแคมเปญ Chancy Deposit !
    คว้าโอกาสที่จะชนะด้วยการฝากเงิน $3,000 ไปในบัญชีเทรด เมื่อทำตามเงื่อนไขนี้แล้ว คุณก็จะกลายเป็นผู้เข้าร่วมแคมเปญ
    เข้าร่วมการแข่งขัน
  • เทรดให้ดีแล้วคว้ารางวัล
    เติมเงินในบัญชีของคุณอย่างน้อย $500 สมัครเข้าร่วมการแข่งขัน และลุ้นรับรางวัลอุปกรณ์ติดต่อสื่อสารแบบพกพา
    เข้าร่วมการแข่งขัน
  • โบนัส 100%
    โอกาสพิเศษของคุณในการรับโบนัส 100% จากเงินฝากของคุณ
    รับโบนัส
  • โบนัส 55%
    สมัครรับโบนัส 55% สำหรับการฝากทุกครั้ง
    รับโบนัส
  • โบนัส 30%
    รับโบนัส 30% ทุกครั้งที่คุณเติมเงินในบัญชีของคุณ
    รับโบนัส

Recommended Stories

Indicator analysis: Daily review of GBP/USD on March 30, 2023

The pound-dollar pair may move upward from the level of 1.2309 (closing of yesterday's daily candle) to 1.2360, the upper fractal (yellow dotted line). When testing this level, the price

Stefan Doll 09:56 2023-03-30 UTC+2

Indicator analysis: Daily review of EUR/USD on March 30, 2023

The euro-dollar pair may move upward from the level of 1.0843 (closing of yesterday's daily candle) to 1.0910, the 76.4% pullback level (red dotted line). From this level, the price

Stefan Doll 09:45 2023-03-30 UTC+2

Technical Analysis of GBP/USD for March 30, 2023

Technical Market Outlook: The GBP/USD pair has made another higher high at the level of 1.2360 as the up trend continues. The intraday technical support is seen at 1.2272 (50

Sebastian Seliga 08:28 2023-03-30 UTC+2

Technical Analysis of EUR/USD for March 30, 2023

Technical Market Outlook: The EUR/USD pair has tried to bounce higher and break through the last swing high at the level of 1.0930, but bulls were rejected from the intraday

Sebastian Seliga 08:27 2023-03-30 UTC+2

Analysis of Gold for March 30,.2023 - Key resistance in the play at $1.968

Technical analysis: Gold has been trading upside this morning and I can see that key resistance zone is set at hte price of $1.968. Pay attention to this level cause

Petar Jacimovic 08:23 2023-03-30 UTC+2

USD/CAD analysis for March 30, 2023 - First downside objective reached and potential for the further downside movement

Technical analysis: USD/CAD has been trading downside as I expected and the price reached first objective at 1.2560. Anyway, the sellers are in control and I see potential

Petar Jacimovic 08:15 2023-03-30 UTC+2

USDJPY, H4 | Potential Reversal from a key level?

The USD/JPY chart maintains a bearish momentum overall, indicating that the price could potentially react negatively to the first resistance level and drop towards the first support level. The first

Dean Leo 07:52 2023-03-30 UTC+2

GBPUSD, H4 | Continue to 1st Support?

The GBP/USD chart shows a bearish momentum, indicating the possibility of price continuing its decline towards the first support level. Presently, the price is testing the first resistance level

Dean Leo 07:51 2023-03-30 UTC+2

Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset, Thursday March 30 2023.

On the daily chart, the Crude Oil commodity asset shows that the Stochastic Oscillator indicator is in a positive position and is also followed by the presence of the Bullish

Arief Makmur 07:36 2023-03-30 UTC+2

Technical Analysis of Intraday Price Movement of EUR/CHF Cross Currency Pairs, Thursday, March 30 2023.

Although on the 4 hour chart EUR/CHF cross currency pairs seems moving inside Bullish channel, but on the condition of Stochastic Oscillator indicator above the level 90 (Overbought) and ready

Arief Makmur 07:35 2023-03-30 UTC+2
หากไม่สะดวกคุยในตอนนี้
ระบุคำถามไว้ได้ใน แชท.