empty
 
 
23.07.2014 09:52 AM
Daily analysis of GBP/USD for July 23, 2014

Daily chart: The GBP/USD made slow movements during the session yesterday, where the pair tried to approach the support level of 1.7000. For now, the bearish outlook remains alive in the GBP/USD, because this pair found strong resistance at the level of 1.7170 a few days ago. The MACD indicator remains in negative territory.

This image is no longer relevant

H4 chart: The GBP/USD continues to find support at the level of 1.7062, which is close to the 200-day moving average, where the pair could perform a bullish rebound to go up to the resistance level of 1.7180. However, GBP/USD may perform a breakout at the 1.7062 level to fall to the support level of 1.6995. The MACD indicator is in neutral territory.

This image is no longer relevant

H1 chart: This pair moved in range during last hours, though the GBP/USD stays below the 200-day moving average, so the bearish bias is very strong in this pair. For now, there are still chances that the GBP/USD will try to break out at the support level of 1.7050 to fall to the level of 1.7000. The MACD indicator is in positive territory.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.7050, take profit is at 1.7000, and stop loss is at 1.7100.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $9000 mais!
    Em Maio nós sorteamos $9000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback