ہمارے ٹیم میں 7000000 سے ذائد تاجران شامل ہیں
ہم تجارت کی بہتری کے لئے ہر روز اکھٹے کام کرتے ہیں اور بہترین نتائج حاصل کرتے ہوئے آگے کی جانب بڑھتے ہیں
دُنیا بھر سے سے لاکھوں ہمارے بہترین کام کو سند عطاء کرتے ہیں آپ اپنا انتحاب کریں باقی ہم آپ کی توقعات پر پورا اترنے کے لئے اپنی بہترین کوشش کریں گے
ہم مل کر ایک بہترین ٹیم بناتے ہیں
انسٹا فاریکس آپ سے کام کرتے ہوئے فخر محسوس کرتا ہے
ایکٹر - یو سی ایف 6 ٹورنامنٹ چیمپین اور واقعی ہیرو
ایک فرد کے جس نے اپنا آپ منوایا ہے وہ فرد کہ جو ہماری راہ پر چلا ہے.
ٹکٹا روو کی کامیابی کا راز یہ ہے کہ وہ اپنے اہداف کی جانب مسلسل بڑھتا رہتا ہے
اپنے ہنر یا ٹیلنٹ کے تمام پہلو آشکار کررہے ہیں
پہچانیں ، کوشش کریں ، ناکام ہوں لیکن کبھی نہ رُکیں
انسٹا فاریکس آپ کی کامیابی کی کہاں یہاں سے شروع ہوتی ہے
Once again, the GBP/USD pair attempted to correct on Tuesday but failed to consolidate above either the critical line or the 1.2605–1.2620 area. As a result, the decline in quotes may resume—or, more accurately, it has already resumed. During the second half of Tuesday, we observed a decline that was as strong as the preceding rise. Thus, yet another corrective wave ended before it could properly start. This situation doesn't surprise us, as we still believe the British pound is bound to fall. There have been no recent news or events that could alter the global fundamental background or market sentiment. Without such changes, what could drive the pound to rise?
We expect a renewed decline targeting the 1.2429–1.2445 area. If the price consolidates above the descending channel, the Kijun-sen line, and the 1.2605–1.2620 area, we could potentially discuss a stronger correction. But for now, that scenario seems unlikely. On Tuesday, there were no noteworthy news events in the U.S. or the UK, leaving traders with nothing to react to during the day.
However, Tuesday's trading signals were quite interesting. The price initially bounced off the 1.2516 level, showing growth toward the 1.2605–1.2620 area. It then rebounded from this area and returned to the 1.2516 level by the end of the day. As a result, traders could have executed two trades, each yielding at least 50–60 pips of profit. Tuesday's movements were highly technical and favorable for trading.
COT (Commitment of Traders) reports for the British pound show that commercial traders' sentiment has fluctuated over the years. The red and blue lines representing the net positions of commercial and non-commercial traders constantly cross and are often close to the zero mark. The latest downtrend occurred when the red line was below zero. The red line is above zero, while the price has breached the important 1.3154 level.
According to the latest COT report for the British pound, the Non-commercial group closed 18,300 BUY contracts and 2,500 SELL contracts, resulting in a 15,800 reduction in the net position for the week.
The fundamental backdrop still offers no basis for long-term pound purchases, and the currency remains at risk of resuming its global downtrend. There is an ascending trendline on the weekly timeframe, meaning a long-term fall cannot yet be confirmed. However, while the pound tested this trendline, it has yet to break below it. A rebound and correction in the long term remain possible, but we expect this trendline to be breached, with further declines to follow.
On the hourly timeframe, the GBP/USD pair maintains a generally bearish outlook, suggesting sustained and significant declines for the British currency. The first correction turned out to be a flat and is already over. The new correction is also proving to be flat. There are still no fundamental reasons to expect significant growth in the British pound. At present, the price cannot even overcome the nearest resistance area.
For November 27, we highlight the following important levels: 1.2429-1.2445, 1.2516, 1.2605-1.2620, 1.2796-1.2816, 1.2863, 1.2981-1.2987, 1.3050. Senkou Span B (1.2803) and Kijun-sen (1.2599) lines can also be sources of signals. Setting the Stop Loss level to breakeven when the price passes 20 pips in the right direction is recommended. The lines of the Ichimoku indicator may move during the day, which should be considered when determining trading signals.
No significant events are scheduled in the UK on Wednesday, but the U.S. will release several interesting reports. Particular attention should be paid to the PCE Price Index (Personal Consumption Expenditures Price Index) and the durable goods orders report. The GDP report could also trigger market reactions, but collectively, these reports may not be significant enough to compel strong market moves, as they can often be overlooked.
*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.
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.