Rimani 
Condizioni di trading
Strumenti
Early in the American session, the British pound is trading above the support of 3/8 Murray.
After having found a strong bottom in this area, GBP is showing signs of a small recovery. The objectives will be to go up towards 4/8 Murray located at about 1.3427.
The dollar index (#USDX) hit a high of 97.37, having reached overbought levels.
It is likely that in the next few hours there will be a correction which could favor the recovery of the British pound and the other currency pairs that trade against the dollar.
The zone of 3/8 Murray has been tested several times and has become a strong bottom for the British pound. This is a good sign to buy above 1.3366 with targets at 21 SMA 1.3449 and up to 200 EMA located at 1.3502.
On January 26, the eagle indicator reached the 5-point level. It means that sterling is extremely oversold. So, this is a positive sign for the British Pound and we could have an opportunity to buy at current prices levels with targets at 1.3500 until the next week.
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.
