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15.11.201808:19 Forex Analysis & Reviews: GBP / USD Forecast for November 15, 2018

Long-term review
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

Yesterday's trading range for the British pound with almost 190 points was due to the current strong news in relation to the views between Prime Minister Theresa May and the Cabinet of Ministers under the Brexit agreement. But in the end, the ministers approved the deal and the pound sterling closed the day with an increase of 20 points. Now, the deal must go through parliament. A number of Western media claims that huge problems may arise during this stage. We hold a neutral position. We believe that huge problems won't happen. In fact, the Brexit issue has been resolved as long as the opposition must complete its game.

Exchange Rates 15.11.2018 analysis

The price failed to consolidate above the balance line of the four-hour scale. Only a puncture resistance was shown. However, the Marlin oscillator signal line is going down, which indicates the potential of an uptrend.

Exchange Rates 15.11.2018 analysis

On the daily scale chart, the price is clamped between the Krusenstern line and the balance line. The signal line of Marlin oscillator tests the border within the growth zone. From this border, with the absence of positive news, a downward reversal is possible. Today, retail sales data in the US was presented. The September forecast is 0.6%. Perhaps, the data investors will have a re-position within the range of 1.3013 / 71. In the future, the price may decline to support the daily trend line in the area of 1.2786.

Laurie Bailey
Analytical expert of InstaForex
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