Instant account opening
Site map
Български Čeština English Français Deutsch Italiano Polski Português Română Русский Slovenský Español Nederlands

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Registration is not available for non-EU residents. Please, proceed to the website of the other member of the InstaForex group.
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Company does not offer investment advice and the analysis performed does not guarantee results

4h

Exchange Rates 15.03.2019 analysis

On the hourly chart, the pair rebounded several times from the retracement levels of 38.2% (1.3220) and 23.6% (1.3228). As a result, the latter rebound led to a possibility of a rally towards the retracement level of 23.6%. If the pair rebounds from this Fibo level, the US dollar will have a chance to reverse upwards and get back to the retracement level of 38.2%. If the pair settles below the Fibo level of 38.2%, it will increase the chances for a further fall towards the next retracement level of 50.0% - 1.3171.

The Fibo grid is built on extremes of March 11, 2019 and March 13, 2019.

Trading advice:

Buy deals on GBP/USD can be opened with the target at 1.3281 and the stop loss below the level of 38.2% since the pair has completed the rebound from the level of 1.3220 (hourly chart).

Sell deals on GBP/USD can be opened with the target at 1.3281 and the stop Loss order above the level of 23.6% if the pair bounces off the retracement level of 1.3281 (hourly chart).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Samir Klishi,
Analytical expert
InstaForex Companies Group © 2007-2019
Top up trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD