Condizioni di trading
Strumenti
GBP/USD
Yesterday, the British pound sharply rose by 90 points, but following a general trend, closed the day with a decline of 12 points. The price could not shift the market balance towards growth - on the daily and four-hour charts of consolidation above the balance lines (indicator red) did not happen. Also on the daily chart, the price is kept below the Fibonacci line of 223.6%. If yesterday's surge is seen as a detente of the market, today we can expect a further decline to the previously set goals: 1.2155 - Fibonacci level of 238.2% and 1.2120 - support for the price channel.
On a four-hour chart, the price forms a short consolidation, probably this is preparation for the meeting of today's economic releases. August industrial production is expected to grow at zero, production in the construction sector may show a 0.4% decrease, commodity trade balance is expected to worsen from -9.1 billion pounds to -10.0 billion. GDP for August is projected to increase by 0.0% against 0.3% in July.
We are waiting for prices to develop in a downward and main scenario.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.