empty
 
 
23.04.2015 12:12 PM
Technical analysis of GBP/USD for April 23, 2015

The weekly pivot point: 1.4860

This image is no longer relevant

Overview:

  • The market of GBP/USD pair showed bullish signs from the weekly pivot point (1.4860). The trend movement was controversial as it took place in the narrow sideways channel around the weekly pivot point for a while. Due to the previous events, the price is still between the levels of 1.4860 and 1.5160, so it is recommended to be careful while making deals in this area. Therefore, it is necessary to wait until the uptrend channel gets passed through. Then, the market will probably show the signs of a bullish trend at the same price. In other words, buy deals are recommended above 1.4860 with the first target at 1.5085. From this point, the pair is likely to begin an ascending movement to the point of 1.5115 and further to the level of 1.5164 in order to test double top on the chart. The level of 1.5164 is likely to act as a strong resistance for this week. However, if the pair fails to pass through the level of 1.5164, the market will indicate a bearish opportunity below the strong resistance level of 1.5164. Sell deals are recommended lower than the 1.5164 level with the first target at 1.4943. There is a possibility that the pair will turn downwards continuing the development of the bearish trend to the level 1.4860 to test the weekly pivot point again (history will repeat itself again at the same point).
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