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Trend analysis (Fig. 1).
The pound-dollar pair may move up from the level of 1.2327 (close of yesterday's daily candle) to the target of 1.2411, the 14.6% retracement level (red dotted line). When testing this level, the price may continue to move upward with the target of 1.2503, the 23.6% retracement level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Today, the price may move up from the level of 1.2327 (close of yesterday's daily candle) to the target of 1.2411, the 14.6% retracement level (red dotted line). When testing this level, the price may continue to move upward with the target of 1.2503, the 23.6% retracement level (red dotted line).
Alternative scenario: from the level of 1.2327 (close of yesterday's daily candle), the price may move down to the lower fractal 1.2260 (red dotted line). When testing this level, the price may continue to move down to the support at 1.2085 (thick blue line). When testing this level, the price may move up.Dzięki analizom InstaForex zawsze będziesz na bieżące z trendami rynkowymi! Zarejestruj się w InstaForex i uzyskaj dostęp do jeszcze większej liczby bezpłatnych usług dla zyskownego handlu.
