empty
 
 
07.05.2014 08:53 AM
Daily analysis of GBP/USD for May 07, 2014

Daily chart: This pair is approaching the resistance level of 1.7000, so this week, it is likely that the GBP/USD starts to make corrective movements for a breakout at that level. If successful, it is expected to rise to the resistance level of 1.7169 in the medium term. For now, caution is recommended when placing sell orders. The MACD indicator is in positive territory.

This image is no longer relevant

H4 chart: The GBP/USD has consolidated above the 1.6900 level and the closest to the current resistance level is at the bullish trend line. If the pair manages to consolidate above the 1.7085 level, it's expected to rise to the level of 1.7175. Furthermore, the GBP/USD could perform a bearish rebound to fall to the support level of 1.6900. The MACD indicator is in positive territory.

This image is no longer relevant

H1 chart: This pair is forming a bullish pattern above the support level of 1.6950 and within the vicinity of the point of control. If GBP/USD manages to make a breakout on the resistance level of 1.7000, it's expected to rise to the level of 1.7050. Moreover, if this pair is able to consolidate support below the level of 1.6950, it is expected to fall to the level of 1.6900. The MACD indicator is in negative 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 1.7000, take profit is at 1.7050, and stop loss is at 1.6950.

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