¡Nuestro equipo cuenta con más de 7,000,000 operadores!
Cada día, trabajamos juntos para mejorar las operaciones. Obtenemos grandes resultados y seguimos adelante.
El reconocimiento de millones de operadores en todo el mundo es el mejor agradecimiento a nuestro trabajo! ¡Usted hizo su elección y haremos todo lo que esté a nuestro alcance para satisfacer sus expectativas!
¡Juntos somos un gran equipo!
InstaSpot. ¡Orgulloso de trabajar para usted!
¡Actor, 6 veces ganador del torneo UFC y un verdadero héroe!
El hombre que se hizo a sí mismo. El hombre que sigue nuestro camino.
El secreto detrás del éxito de Taktarov es el constante movimiento hacia el objetivo.
¡Revele todo los lados de su talento!
Descubra, intente, fracase, ¡pero nunca se rinda!
InstaSpot. ¡Su historia de éxito comienza aquí!
On the hourly chart, the GBP/USD pair continued its sluggish decline toward the 1.2488 level on Thursday. However, this level was not reached, and the movement can barely be called a "decline." Today, the pound shows some growth, but the increase is so weak that reaching the 1.2569 level (which is very close) seems unlikely for the bulls. In essence, there is no significant movement in the market, nor are there trading signals.
The wave situation is straightforward. The last completed upward wave failed to surpass the peak of the previous wave, while the most recent downward wave easily broke the previous low. This confirms that the "bullish" trend has ended, and a new "bearish" trend is forming. For the bearish trend to conclude, the pound must grow at least toward the 1.2709–1.2734 zone.
On Thursday, the economic calendar included U.S. initial jobless claims data, but this did little to distract traders from holiday preparations. Neither the bears nor the bulls have strong reasons to open new positions, leading to a stagnant market. This sideways pattern may persist until the end of the year. In the near term, GBP/USD may decline to 1.2488, as the distance to this level is small. However, a close below this level will require significant effort from the bears, likely necessitating new economic data—which is currently unavailable. The "bearish" trend remains intact but might be paused until next year.
The pair recently reversed in favor of the U.S. dollar and solidified below the 76.4% Fibonacci retracement level at 1.2565. This opens the door for further declines toward 1.2432. The downward trend channel highlights the bears' dominance, which they are unlikely to relinquish soon. Only a close above the trend channel would suggest the potential for a strong rally in the pound.
Trader sentiment in the "Non-commercial" category has shown little change over the past week. Long positions increased by 4,707, while short positions decreased by 3,092. Bulls still hold the advantage, but their dominance has visibly weakened in recent months. The gap between long and short positions is now just 27,000: 102,000 vs. 75,000.
The data suggests that the pound still faces downward pressure. COT reports indicate that bearish positions are strengthening almost weekly. Over the past three months, long positions have fallen from 160,000 to 102,000, while short positions have grown from 52,000 to 75,000. In my view, professional traders will likely continue reducing longs or increasing shorts, as all potential factors supporting the pound have already been priced in. Technical analysis also favors further declines.
On Friday, the economic calendar features no notable releases. Thus, market sentiment is unlikely to be influenced by the news today.
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
