empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

28.04.202111:07 Forex Analysis & Reviews: Technical Analysis of GBP/USD for April 28, 2021

Exchange Rates 28.04.2021 analysis

Overview :

The GBP/USD pair has faced strong support at the level of 1.3845 because resistance became support.

So, the strong resistance has been already faced at the level of 1.3845 and the pair is likely to try to approach it in order to test it again.

The level of 1.3895 represents a weekly pivot point for that it is acting as minor support this week.

Furthermore, the GBP/USD pair is continuing to trade in a bullish trend from the new support level of 1.3867.

Currently, the price is in a bullish channel. According to the previous events, we expect the GBP/USD pair to move between 1.3867 and 1.3967.

Also, it should be noticed that the double top is set at 1.3967. Additionally, the RSI is still signaling that the trend is upward as it remains strong above the moving average (100).

This suggests the pair will probably go up in coming hours. Accordingly, the market is likely to show signs of a bullish trend.

In other words, buy orders are recommended above 1.3867 with the first target at the level of 1.3916.

If the trend is be able to break the double top at the level of 1.3916, then the market will continue rising towards the weekly resistance 2 at 1.3967.

On the other hand, if the GBP/USD pair fails to break through the resistance level of 1.3845 this week, the market will decline further to 1.3823.

The pair is expected to drop lower towards at least 1.3823 with a view to test the double bottom.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.