empty
 
 

Forex Analysis & Reviews: December 2, 2022 : GBP/USD Intraday technical analysis and significant key-levels.
time 02.12.2022 06:12 PM
time Relevance up to, 03.12.2022 06:12 PM

This image is no longer relevant

Previously, the GBP/USD pair remained under bearish pressure to challenge the lower limit of the channel around 1.3000 which failed to hold prices above.

Shortly after, a new daily low was established around 1.2150 which was bypassed few days after.

However, considerable support zone existed around 1.1850-1.1900 which has prevented further bearish decline for sometime.

However, as bullish momentum started to fade away, more bearish visits were expected to challenge these historical low levels.

Shortly after, Quick bearish decline was executed towards 1.1075 & 1.0860 where significant Fibonacci Expansion levels were located.

Based on the upcoming price action and the next weekly candlestick closure, the next target level for the GBP/USD pair can be determined.

Further bullish continuation above 1.1765 was expected in previous articles specially after the newly-established ascending bottoms around 1.1150 and 1.1750 remain defended by the bulls.

The next key-level to be visited is located around 1.2340. That's why, further bullish advancement was expected if sufficient bullish momentum is maintained.

on the other hand, another bearish pullback towards the price levels of 1.1200 and 1.1000 should be expected for another long-term BUY Entry with initial target around 1.1500.

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

บทวิเคราะห์ของทาง InstaForex จะทำให้คุณทราบถึงแนวโน้มของตลาด! ในการที่เป็นลูกค้าของทาง InstaForex นั้นคุณจะได้รับการบริการเพื่อการซื้อขายอย่างเต็มประสิทธิภาพอย่างมากมาย

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    เข้าร่วมการแข่งขัน
  • Chancy Deposit
    ฝากเงินในบัญชีของคุณใน $3,000 และรับ $1000 ไปเพิ่ม!
    ใน กุมภาพันธ์ ทางเราได้ออก$1000 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

USDJPY reversal as price exits medium-term bearish channel.

USDJPY is trading above 131. Short-term trend has reversed to bullish as price has now exited the bearish channel it was in since October. Price has also broken the horizontal

Alexandros Yfantis 19:53 2023-02-03 UTC+2

Gold falls below $1,900 as Dollar strengthens due to the better than expected Jobs Report.

Gold price is trading around $1,865. Price has lost in two days what it gained in several weeks. Gold price is trading below January 9 levels. The warning signs were

Alexandros Yfantis 19:39 2023-02-03 UTC+2

Technical analysis of EUR/USD for February 03, 2023

The EUR/USD pair has dropped sharply from the level of 1.0917 towards 1.0813. Now, the price is set at 1.0868 to act as a daily pivot point. It should

Mourad El Keddani 19:36 2023-02-03 UTC+2

GBPUSD pulls back towards 1.21 as expected.

In our previous posts we mentioned many times our expectation for a pull back at least towards the blue upward sloping support trend line. GBPUSD as we mentioned yesterday

Alexandros Yfantis 19:23 2023-02-03 UTC+2

February 3, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

Price action around 1.2340 was being watched for bearish rejection and a short-term SELL Entry. It was running in profits until the current bullish bounce has been expressed. Please take

Mohamed Samy 19:11 2023-02-03 UTC+2

February 3, 2023 : EUR/USD Intraday technical analysis and trading plan.

Price action around the key-level of (1.0550-1.0600) was quite bullish. That's why, further bullish continuation towards 1.0800 was demonstrated. Moreover, more bullish advancement towards the nearest supply zone around 1.1150-1.1200

Mohamed Samy 19:10 2023-02-03 UTC+2

February 3, 2023 : EUR/USD daily technical review and trading opportunities.

The price zone around 1.1500 has applied significant SELLING pressure upon the previous ascending movement towards it. Shortly after, the EUR/USD pair has been moving downwards reaching the price levels

Mohamed Samy 19:10 2023-02-03 UTC+2

GBP/USD: downside continuation in cards

The GBP/USD pair crashed in the short term as the US reported positive economic data today. The USD dragged the pair lower and now is almost to hit the 1.2103

Ralph Shedler 15:33 2023-02-03 UTC+2

EUR/USD edges higher ahead of NFPs

The EUR/USD pair rallied in the last hours and is now trading at 1.0926 at the time of writing. The price crashed in the short term as the Dollar Index

Ralph Shedler 13:14 2023-02-03 UTC+2

Trading Signal for Gold (XAU/USD) for February 3-6, 2023: sell in case of pullback at $1,927 (21 SMA - 7/8 Murray)

Early in an American session, gold is trading around 1,909.77. We can see on the 4-hour chart that it is trading below the 21 SMA (1,925) and below the 7/8

Dimitrios Zappas 12:39 2023-02-03 UTC+2
หากไม่สะดวกคุยในตอนนี้
ระบุคำถามไว้ได้ใน แชท.