22.05.201408:35 Forex Analysis & Reviews: Daily analysis of GBP/USD for May 22, 2014

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.

Daily chart: The GBP/USD has made a successful breakout at the level of 1.6851, so far, the next target for this pair will be the resistance level of 1.7000 in the medium term. However, it is expected that the GBP/USD will start to form a bullish pattern, because this pair has been very bullish in recent days. The MACD indicator is in neutral territory.

H4 chart: The GBP/USD has found resistance at the level of 1.6900, after this pair has consolidated above the support level of 1.6841. Now, the GBP/USD is finding support at the bullish trend line. If the pair manages to make a breakout at the 1.6900 level, it's expected to rise to the level of 1.6995. The MACD indicator is in positive territory.

H1 chart: This pair has consolidated above the 200 SMA and the support level of 1.6850, where the point of control is. However, the GBP/USD has tried to make a breakout on the resistance level of 1.6900, but has not succeeded. However, if the pair manages to consolidate above this level, it's expected to rise to the level of 1.6950.

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.6900, take profit is at 1.6950, and stop loss is at 1.6850.

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.