Permanecer 
Condiciones de negociación
Products
Herramientas
4h
The GBP / USD pair on the 4-hour chart completed growth to the correction level of 100.0% - 1.3300 and a turn around it in favor of the American dollar. As a result, on March 1, the fall process can be continued in the direction of the Fibo level of 76.4% - 1.3090. There is no indicator of the emerging divergences today. Fixing a pair of quotes above the correction level of 100.0% can be interpreted as a reversal in favor of the British currency and we expect a resumption of growth in the direction of the correctional level of 127.2% - 1.3530.
The Fibo grid is built on extremes from September 20, 2018, and January 3, 2019.
1h
On the hourly chart, after the pair rebounds from the Fibo level of 127.2% - 1.337 and the formation of a bearish divergence at the MACD indicator. The process of falling continues in the direction of the correction level of 100.0% - 1.3217. Rebounding the pair from this level will allow us to expect a reversal in favor of the British currency and the resumption of growth in the direction of the correction level of 127.2%. Closing the pair below the 100.0% level will work in favor of continuing the fall towards the next Fibo level of 76.4% - 1.3111.
The Fibo grid is built on extremes from January 25, 2019, and February 14, 2019.
Recommendations to traders:
Purchases of the GBP / USD pair can be made with the target of 1.3337 and a Stop Loss order under the level of 100.0% if the pair bounces off the level of 1.3217 (hourly chart).
Sales of the GBP / USD pair can be carried out now with the target of 1.3217 and a Stop Loss order above the level of 127.2% since the pair has completed the rebound from the level of 1.3337 (hourly chart).
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
