empty
 
 
21.02.2014 02:15 AM
Daily analysis of GBP/USD for February 21, 2014

Daily chart: This pair is trying to make a breakout at the support level of 1.6663, as the GBP/USD has been very weak this week, so it is very likely to fall last until the support level of 1.6540 in the medium term. However, remember that the GBP/USD is forming a lower high pattern, which would be a corrective movement for the current trend. The MACD indicator is in the overbought zone.

This image is no longer relevant

H4 chart: The GBP/USD remains above the support level of 1.6644, but the short-term bearish bias remains intact, so it is very likely that this pair will try to reach the 200 SMA. However, consolidation does not rule over the bullish trend line at the 1.6730 level and the pair is trying to climb up to the resistance level of 1.6820. The MACD indicator is entering negative territory.

This image is no longer relevant

H1 chart: The GBP/USD has made a bullish rebound above the support level of 1.6629, which is close to the 200 SMA. Now this pair is encountering strong resistance near the 1.6680 level, where the point of control is. If this pair makes a breakout at the 1.6700 level, it's expected to rise to the level of 1.6750. The MACD indicator is in neutral territory.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.6700, take profit is at 1.6750, and stop loss is at 1.6650.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada Juni kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback