13.12.202317:04 Forex Analysis & Reviews: Trading Signals for GBP/USD for December 13-14, 2023: sell below 1.2560 (21 SMA - 200 EMA)

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.

The British pound is trading around 1.2533 and above the psychological level of 1.25 but within a downtrend channel formed since December 7. If the GBP/USD pair reaches the top of this channel in the coming hours and fails to break it, it will be seen as a signal to sell below 1.2570 with the target at 1.2500.

On the other hand, if the British pound breaks and consolidates above 1.2575 where the 200 EMA is located, this will be a clear signal to buy and could open the door for the upward movement that could push the instrument up to 8/8 Murray at 1.2695.

Given that the pound is trading within a downtrend channel, GBP/USD is expected to continue falling in the next few hours and could reach the 1.2490 area. This level represents the bottom of the downtrend channel. If this level is broken, we could expect a drop towards 6/8 Murray at 1.2451.

In case GBP/USD consolidates around 1.2490, it could be seen as a buying opportunity. As long as it remains above this area, it could resume the possibility of a bullish move. The price could reach 1.2560 and even exceed this level. The highest target is seen at 1.2695.

The market sentiment report shows that there are 53. 51% of traders who are buying the pound. This is a negative signal for the pound which could continue to fall in the coming days. GBP/USD could reach oversold levels and a technical rebound could occur. We must be attentive to the levels of 1.2490 or 1.2451.

The eagle indicator is giving a negative signal. Our strategy is to sell below 1.2560 with targets at 1.2500 and 1.2490.

Volver a la lista

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.