GBP/USD: review and forecast
Current trend
On Monday the GBP/USD pair opened with a gap up at 1.4462 and then corrected down to the level of 1.4420.
Support and resistance
The price range of Bollinger Bands is widening. The pair broke out the upper MA but then returned into the range and may continue moving down towards the middle MA of the indicator.
Support levels: 1.4420, 1.4370, 1.4330, 1.4280.
Resistance levels: 1.4490, 1.4550.
Trading tips
Short positions can be opened at the current levels with targets at 1.4370, 1.4280 and stop-loss at 1.4490.
Pending buy orders can be placed above the level of 1.4490 with the target at 1.4550 and stop-loss at 1.4220.
On Monday the GBP/USD pair opened with a gap up at 1.4462 and then corrected down to the level of 1.4420.
Support and resistance
The price range of Bollinger Bands is widening. The pair broke out the upper MA but then returned into the range and may continue moving down towards the middle MA of the indicator.
Support levels: 1.4420, 1.4370, 1.4330, 1.4280.
Resistance levels: 1.4490, 1.4550.
Trading tips
Short positions can be opened at the current levels with targets at 1.4370, 1.4280 and stop-loss at 1.4490.
Pending buy orders can be placed above the level of 1.4490 with the target at 1.4550 and stop-loss at 1.4220.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.