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Trend analysis (Fig. 1).
The pound-dollar pair may move up from the level of 1.2336 (close of yesterday's daily candle) with the target of 1.2397, the 13-period EMA (thin yellow line). When testing this level, the price may move up to the upper fractal 1.2499 (yellow dotted line). Upon reaching this level, the upward movement may continue.
Fig. 1 (daily chart).
Comprehensive analysis:
Today the price may move up from the level of 1.2336 (close of yesterday's daily candle) with the target of 1.2397, the 13-period EMA (thin yellow line). When testing this level, the price may move up to the upper fractal 1.2499 (yellow dotted line). Upon reaching this level, the upward movement may continue.
Alternative scenario: from the level of 1.2336 (close of yesterday's daily candle), the price may move up with the target of 1.2397, the 13-period EMA (thin yellow line). When testing this level, the price may move downward with the target of 1.2284, the 61.8% retracement level (yellow dotted line). Upon reaching this level, the upward movement may continue.¡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.
