empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

24.07.202409:39 Forex Analysis & Reviews: Indicator analysis: Daily review of GBP/USD on July 24, 2024

Trend Analysis (Fig. 1)

Today, GBP/USD may continue the downward movement from the level of 1.2903 (the close of yesterday's daily candle) with a target at the 38.2% retracement level, 1.2879 (red dotted line). Upon testing this level, the price may start rising with a target at 1.2934 – the 23.6% retracement level (red dotted line).

Exchange Rates 24.07.2024 analysis

Fig. 1 (daily chart)

Comprehensive Analysis:

  • Indicator Analysis – Up
  • Fibonacci Levels – Up
  • Volumes – Up
  • Candlestick Analysis – Up
  • Trend Analysis – Up
  • Weekly Chart – Up
  • Bollinger Bands – Up

General Conclusion:

Today, GBP/USD may continue the downward movement from the level of 1.2903 (the close of yesterday's daily candle) with a target at the 38.2% retracement level, 1.2879 (red dotted line). Upon testing this level, the price may start rising with a target at 1.2934 – the 23.6% retracement level (red dotted line).

Alternative Scenario: The pair may continue to fall from the level of 1.2903 (the close of yesterday's daily candle) to the 23.6% retracement level at 1.2869 (blue dotted line). Upon testing this level, the price may start moving upwards with a target at 1.2934 – the 23.6% retracement level (red dotted line).

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.