Podmienky obchodovania
Nástroje
GBP/USD continues with the bullish bias across the board, as it managed to break above 1.4205, which was a key level for the bulls. The nearest resistance lies at 1.4283, where the pair should work with a breakout in order to allow additional gains toward the next key barrier at 1.4386. The 200 SMA at H1 chart remains to guide the path for the short-term.
H1 chart's resistance levels: 1.4283 / 1.4386
H1 chart's support levels: 1.4205 / 1.4061
Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.4283, take profit is at 1.4386 and stop loss is at 1.4183.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.