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19.07.202409:48 विदेशी मुद्रा विश्लेषण और समीक्षा: Indicator analysis: Daily review of GBP/USD on July 19, 2024

Trend Analysis (Fig. 1)

On Friday, GBP/USD may continue to fall from the level of 1.2940 (yesterday's daily candle close), as it aims for 1.2923 – the 8 EMA (thin blue line). Upon testing this line, the price may start rising with the target of 1.2980 – the 14.6% retracement level (red dashed line).

Exchange Rates 19.07.2024 analysis

Fig. 1 (daily chart)

Comprehensive Analysis:

  • Indicator Analysis – down;
  • Fibonacci Levels – down;
  • Volumes – down;
  • Candlestick Analysis – down;
  • Trend Analysis – up;
  • Bollinger Bands – up;
  • Weekly Chart – up.

General Conclusion:

Today, the price may continue to fall from the level of 1.2940 (yesterday's daily candle close), as it aims for 1.2923 – the 8 EMA (thin blue line). Upon testing this line, the price may start rising with the target of 1.2980 – the 14.6% retracement level (red dashed line).

Alternative Scenario: GBP/USD may continue to fall from the level of 1.2940 (yesterday's daily candle close), as it aims for 1.2885 – the 13 EMA (thin yellow line). Upon testing this line, the price may start rising with the target of 1.2980 – the 14.6% retracement level (red dashed line).

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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