empty
 
 
09.12.2019 10:29 AM
Technical analysis for the week from December 9 to 14 on the GBP/USD currency pair

Trend analysis.

This week, the price will move up with the first target of 1.3302 - resistance line (black bold line). If reached, work down from the target of 1.3108 - a pullback level of 14.6% (red dotted line).

This image is no longer relevant

Fig. 1 (weekly chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - down;

- Candle analysis - up;

- Trend analysis - up;

- Bollinger Bands - down;

- Monthly chart - up.

The conclusion of the complex analysis - an upward movement.

The total result of calculating the candle of the GBP/USD currency pair according to the weekly chart: the price of the week is likely to have an upward trend with the absence of the first lower shadow of the weekly white candlestick (Monday - up) and the presence of the second upper shadow (Friday - down).

The first upper target of 1.3302 is the resistance line (black bold line). If reached, work down from the target of 1.3108 - a pullback level of 14.6% (red dotted line).

An unlikely scenario - from the level of 1.3166, work down to the target of 1.2989 - a pullback level of 23.6% (red dotted line).

Stefan Doll,
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 April 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