empty
 
 
Está a punto de salir de
www.instaforex.eu >
un sitio web operado por
INSTANT TRADING EU LTD
Abrir cuenta

19.05.202111:18 Forex Analysis & Reviews: Analysis and forecast for GBP/USD on May 19, 2021

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

In today's article on the pound/dollar pair, more attention will be paid to the technical picture at smaller time intervals. But first, let us briefly talk about the statistics that have already arrived from the UK and about the evening events related to the publication of the FOMC minutes. So, the main releases from the UK were data on retail and consumer prices. The retail price index and the consumer price index in annual terms were stronger than expected and amounted to 2.9% and 1.5%, respectively. However, the main event of the day and the entire trading week will take place in the evening, when the minutes of the last FOMC meeting will be published at 19:00 London time. It is reasonable to assume that the minutes will once again reflect the desire of the Fed's leaders not to rush to tighten monetary policy and continue to take a wait-and-see attitude, closely monitoring incoming macroeconomic reports. At the same time, sharp jumps in inflation are likely to be characterized as a temporary phenomenon again. If so, the US dollar is unlikely to have to rely on support after the publication of the Fed minutes. With a high degree of probability, we can assume that the pressure on the US currency will continue and possibly increase.

Daily

Exchange Rates 19.05.2021 analysis

In yesterday's trading, the pair rose, but after showing the maximum values at 1.4218, it could not stay above the landmark level of 1.4200 and ended Tuesday's trading at 1.4186. At the same time, the upper shadow, which can not be called small, left an unpleasant residue for those who expect further growth of sterling, and so far, these fears are justified. At the time of writing, the pair is trading with a slight decline. However, given the importance of the evening event, namely the publication of the FOMC minutes, a lot can change.

H4

Exchange Rates 19.05.2021 analysis

The four-hour chart clearly shows a pullback to the broken green resistance line of 1.4165, slightly below which is the middle (dotted) line of the ascending channel, built on the points 1.3800-1.3856 (support line) and 1.4153 (resistance line). If bullish patterns or the Japanese candlestick pattern appear in the price zone of 1.4170-1.4150, this will signal open purchases with the nearest targets in the area of 1.4200-1.4215. The consolidation of three consecutive candles along the dotted middle line and the subsequent pullback should be considered for opening sales with targets in the area of 1.4100-1.4050.

H1

Exchange Rates 19.05.2021 analysis

The picture on the hourly chart, in principle, confirms the trading ideas put forward when describing the four-hour timeframe. However, earlier and riskier purchases can be tried from the current prices, as the pullback to the broken resistance of 1.4165 can already be considered valid. If we consider options with opening long positions at lower prices, I recommend looking at the price zone of 1.4165-1.4140. The reversal patterns of Japanese candlesticks in the resistance area of 1.4215-1.4230 on this or four-hour charts can signal sales. And yet, in my personal opinion, purchases are the main trading idea for GBP/USD at the moment.

Desarrollado por un Ivan Aleksandrov
experto de análisis de InstaForex
© 2007-2024

Abra una cuenta de operaciones

¡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.




Usted está ahora saliendo de www.instaforex.eu, un sitio web operado por INSTANT TRADING EU LTD
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.

Turn "Do Not Track" off