empty
 
 
Stai per lasciare
www.instaforex.eu >
il sito gestito da
INSTANT TRADING EU LTD
Apri un conto

25.10.202207:54 Forex Analysis & Reviews: Breaking forecast for GBP/USD on October 25, 2022

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

As expected, Rishi Sunak has become the new prime minister of the United Kingdom. At present, the economic issue is the key problem in the UK. That is why the former finance minister seems to be the most suitable and competent person capable of coping with the crisis. However, the news has not affected the market yet. Investors are waiting for Rishi Sunak's speech which will take place after his meeting with the king and an inauguration ceremony.

It is quite possible that the newly-elected prime minister will disclose the ways of solving the economic issues. This will determine traders' sentiment. Otherwise, the market will remain stagnant. Notably, this scenario is highly expected. The new prime minister has to form a new government. That is why he is likely to make announcements on the issue closer to the end of the week.

Exchange Rates 25.10.2022 analysis

The pound/dollar pair once again bounced off the resistance area of 1.1410/1.1525. As a result, it dropped below 1.1270. Judging by the situation, speculators are still influencing the market. This could be proved by the daily volatility and the recent price gap.

Ignoring the bounce, the RSI technical indicator continued moving to the upper area of 50/70 on the four-hour chart. This points to the bullish sentiment among traders.

In the same period, the Alligator's MAs have numerous intersections. There is no clear signal of the price direction.

Outlook

Under the current conditions, the gap is acting as a support area where the price stagnated. To boost the volume of short positions, which will encourage sellers, the quote should settle below 1.1230 on the four-hour chart.

The upward movement is capped by the resistance area of 1.1410/1.1525. If the price consolidates above 1.1410 on the four-hour chart, the pound sterling may climb to the upper limit of the area located at 1.1525. The price may also break this level.

In terms of the complex indicator analysis, we see that in the short-term and intraday periods, the indicator is signaling sell opportunities amid the price rebound from the resistance area.

Eseguito da Dean Leo
Esperto analista di InstaForex
© 2007-2024

Apri un conto di trading

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.




Stai per lasciare www.instaforex.eu, il sito Web gestito da INSTANT TRADING EU LTD
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.

Turn "Do Not Track" off