empty
 
 
27.05.2014 05:32 AM
Daily analysis of GBP/USD for May 27, 2014

Daily chart: The GBP/USD is conducting a breakout at the level of 1.6851 and now this pair could rise up to the level of 1.6900. However, caution should be exercised with the bullish momentum of this pair, as GBP/USD could make a pullback at the current levels and fall to the bullish trend line. The MACD indicator is entering neutral territory.

This image is no longer relevant

H4 chart: This pair is consolidating above the support level of 1.6841 and it is likely that the GBP/USD will rise to the resistance level of 1.6900 in the coming hours. For now, the bullish bias remains very strong in this pair, as the GBP/USD remains above the 200 SMA. MACD indicator is moving into positive territory.

This image is no longer relevant

H1 chart: The GBP/USD has made a bullish rebound above the 200 SMA, where the pair has formed a point of control. The next target for the GBP/USD is the resistance level of 1.6900. If the pair manages to make a breakout at that level, it would be expected to rise to the level of 1.6950. The MACD indicator is in positive 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 1.6900, take profit is at 1.6950, and stop loss is at 1.6850.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback