Forecast for GBP / USD as of September 26, 2018
September 26, 2018 1:21 pmVideo
Latest News
- Euro will return to parity April 12, 2024
- Trading Signals for ETH/USD (Ethereum) for April 12-15, 2024: buy above $3,435 (3/8 Murray – 200 EMA) April 12, 2024
- EUR/USD. Analysis for April 12th. The euro falls down under the pressure of the news background April 12, 2024
- GBP/USD. Analysis for April 12th. A significant event: the pound fell below the 25-figure April 12, 2024
- Trading Signals for EUR/USD for April 12-15, 2024: buy above 1.0620 (-2/8 Murray – rebound) April 12, 2024
- GBP/USD: trading plan for the US session on April 12th (analysis of morning deals). The pound followed the euro April 12, 2024
- EUR/USD: trading plan for the US session on April 12th (analysis of morning deals). The euro continues to fall April 12, 2024
- EUR/USD and GBP/USD: Technical analysis on April 12 April 12, 2024
- EUR/USD: Dovish signals from the ECB and rising PPI April 12, 2024
- EUR/USD. April 12th. ECB meeting: confidence in rate cut increased in June April 12, 2024
- GBP/USD. April 12th. British economy continues to stagnate April 12, 2024
- Analysis and trading tips for EUR/USD on April 12 (US session) April 12, 2024
- Analysis and trading tips for USD/JPY on April 12 (US session) April 12, 2024
- Analysis and trading tips for GBP/USD on April 12 (US session) April 12, 2024
- Weekly Forex Outlook: 12/04/2024 – More inflation data on the way as rate cut bets in disarray April 12, 2024
- Technical Analysis – GBPUSD ticks down to new 5-month low April 12, 2024
- Bitcoin holds above $70,000 as halving event looms – Crypto News April 12, 2024
- Week Ahead – More inflation data on the way as rate cut bets thrown into disarray April 12, 2024
- Bitcoin will thrive during supply crisis April 12, 2024
- Technical Analysis – EURUSD plummets after US CPI and ECB decision April 12, 2024
GBP / USD
On Tuesday, the pound grew by 60 points due to information in the media about the EU’s readiness to give the UK a free trade zone after Brexit. Technically, the price growth formed the conditions for growth on the four-hour chart. The price went over the indicator lines of the balance sheet and Kruzenshtern, the Marlin oscillator was in the growth zone. This signal warns that with an increase in the rate of the US Federal Reserve this evening, the market can make a false upward movement, to resist the trend line of the price channel on daily 1.3270.
But, on the other hand, the output of the price for the indicator lines and the Marlin signal line in the growth zone (on the H4 chart) may itself be a false signal. In the end, we still wait for the price to fall sequentially to the following levels: 1.3000 – support for the line of balance on daily, 1.2878 – an approximate goal, formed by the support of the Kruzenshtern line on daily and supporting the trend line of the descending channel. Medium-term goal, as before, the price channel line in the region of 1.2661, which coincides with the minimum on August 15.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: