19.04.202115:35 Forex Analysis & Reviews: GBP/USD Hot Forecast for 19 April, 2021

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

GBP/USD continued scaling higher for the sixth straight session amid sustained USD selling.
The stage now seems set for a move towards March swing highs, around the 1.4000 mark.
Slightly overbought RSI on hourly charts warrants caution before placing aggressive bets.

On Monday, GBP/USD started the week with an extension of Friday's surge. Namely, the currency pair confirmed previous resistance at near 1.3800 as support and resumed the surge that started just before mid-day on Friday.

The bearish pressure surrounding the US dollar remained unabated amid expectations that the Fed will keep interest rates lower for a longer period. This, in turn, was seen as a key factor that allowed the GBP/USD pair to build on last week's solid rebound from 100-day SMA support, near the 1.3670 area.

Looking at the technical picture, a decisive breakthrough a one-month-old descending trend-line and the 1.3900 mark was seen as a key trigger for intraday bullish traders. A subsequent strength beyond the monthly swing highs, around the 1.3920 region might have set the stage for additional gains. Next target for a surge is the 1.400 psychological round figure mark.

On the other hand, the price could consolidate by trading above the support of the 1.3900 mark. The 1.3900 mark now seems to act as immediate strong support. Any further weakness might now be seen as a buying opportunity.

Voltar a lista

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.