empty
 
 
20.04.2022 09:35 AM
GBP/USD: new upwards movement?

This image is no longer relevant

GBP/USD Above Demand Level!

The GBP/USD pair is located at 1.3014 at the time of writing. After jumping above the downtrend line, the price was expected to grow. The upside movement was stopped by 1.3139, so the former high represents an upside obstacle.

1.3000 psychological level stopped the price in the past, that's why this is seen as a downside obstacle. As long as it stays above it, the price could try to increase again.

GBP/USD Trading Conclusion!

Staying above 1.3000 and jumping above the immediate high of 1.3041 could validate further growth and could bring new buying opportunities.

Ralph Shedler,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback