empty
 
 
17.10.2019 07:23 AM
GBP/USD: plan for the European session on October 17. EU leaders have welcomed the Brexit deal, but the DUP has the final word

To open long positions on GBP/USD you need:

Demand for the pound will continue only after news of the results of the meeting between British Prime Minister Boris Johnson and the head of the Democratic Unionist Party of Great Britain. If the DUP goes to the conditions proposed by Johnson, then the demand for the pound will return, and a breakout of resistance at 1.2833 will be a signal to open long positions in the hope of updating new highs in the areas of 1.2916 and 1.2974, where I recommend profit taking. In the scenario of a downward correction, which is also more likely, since there can be no less problems in the UK Parliament than with the EU, it is best to return to GBP/USD after the support test at 1.2741, or immediately to a rebound from a low of 1.2664, where a volume of big players are concentrated.

To open short positions on GBP/USD you need:

Sellers need bad Brexit news, and the formation of a false breakout in the resistance area of 1.2833 will be an additional signal for the pound's sales in the hope of updating the lows of 1.2741 and 1.2664, where I recommend profit taking. A larger drop depends on Johnson's negotiations with the DUP. Today's endorsement at the EU summit Brexit deal could lead to the pound's growth above the resistance of 1.2833. In this scenario, it is best to consider new short positions only after updating the high of 1.2619, and best of all, from the major resistance of 1.2974.

Signals of indicators:

Moving averages

Trading is above 30 and 50 moving averages, which indicates the maintenance of a bullish trend.

Bollinger bands

In case the pound declines, support will be provided by the lower boundary of the indicator in the area of 1.2763. Growth will be limited by the upper level at 1.2865.

This image is no longer relevant

Description of indicators

  • MA (moving average) 50 days - yellow
  • MA (moving average) 30 days - green
  • MACD: Fast EMA 12, Slow EMA 26, SMA 9
  • Bollinger Bands 20
Miroslaw Bawulski,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $5000 mais!
    Em Novembro nós sorteamos $5000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback