empty
 
 
28.11.2013 12:14 PM
GBP/CHF should hit 1.49 levels any time soon

This image is no longer relevant


Technical Outlook and Chart Setups:

The single currency pair has got past 1.48 levels as it was discussed earlier this week. Still the upward momentum remains and soon 1.49 levels should be reached. It is recommended to hold long positions taken earlier for now and look to book profits at 1.49. The overall structure remains bearish and the pair is nearing the end of its multi month counter trend, which began from 1.4 levels. Immediate support is just below 1.47 followed by 1.4550, 1.44 and lower; while resistance is fixed at 1.5 levels. We shall again review situation at 1.49 levels before turning short.

Trade Recommendations:

Remain long, stop at 1.47, target 1.49.

Good Luck !

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 $5000 more!
    In November we raffle $5000 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