Condizioni di trading
Strumenti
Transient bearish pressure was applied around 1.4960-1.5000 (38.2% Fibonacci level as well as previous weekly demand level).
Sideways movement with slight bearish tendency had been expressed on the daily chart until a bullish breakout took place above 1.4970-1.5000 (via a Full-body bullish candlesticks).
The recently-established demand zone at 1.5000-1.5080 (38.2% and 50% Fibonacci levels) will probably provide significant bullish pressure for further retesting offering a valid long-term buy entry.
Persistence above price zone of 1.5000-1.5080 exposes the next weekly supply zone at 1.5500-1.5550 as depicted on the chart.
The GBP/USD pair has been trapped between the levels of 1.4700 and 1.4500. A false bearish breakout took place below 1.4700, then GBP/USD bulls came back to trade above 1.4700.
Four-hour candlestick fixation above 1.4970-1.5000 (reversal pattern's upper limit) has confirmed the ongoing bullish scenario with projection target located in the daily supply zone around 1.5500.
Note that the price zone between 1.5300-1.5350 corresponds to a previous consolidation range (February 2015). The valid Intraday sell entry can be retested.
On the other hand, the recent demand zone between 1.5000-1.5080 (38.2% and 50% Fibonacci levels) will probably offer a valid long-term buy entry as soon as retesting takes place.
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.