I-GBP / i-USD iqala kwakhona kwi-Uptrend, kwinqanaba leethagethi 1.3800

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Amanqanaba okuGxila aphambili1.4200, 1.4400, 1.4600
Amanqanaba enkxaso aphambili1.3400, 1.3200, 1.3000

I-GBP / i-USD yeXabiso kwiXesha elide leNqanaba: Bullish
IGBP / USD is now in an upward move but targets level 1.3800. Before the uptrend, the Pound was in a downtrend. On November 11 downtrend; a retraced candle body tested the `78.6% Fibonacci retracement level. The retracement suggests the Pound will fall but reverse at level 1.272 Fibonacci extension or 1.3226. The bear trend has been reversed. On the daily chart, the bulls have broken above the moving averages on December 22. After that, the pair commenced resumption of the uptrend. GBP/USD has risen to the high of level 1.3590 at press time.

I-GBP / i-USD iqala kwakhona kwi-Uptrend, kwinqanaba leethagethi 1.3800
I-GBP / i-USD-Itshathi yemihla ngemihla

Ukutsalwa kwezalathi zemihla ngemihla:
The Pound is at level 64 of the Relative Strength period 14. The Pound is in the uptrend zone and above the centerline 50. The pair is likely to continue the upward move. The currency prices are above the moving averages which indicate a further upward move. The 21-day SMA and 50-day SMA are sloping upward.


I-GBP / i-USD yeXesha eliPhakathi lokuHamba: Bullish
On the 4-hour chart, the pair is in an uptrend. It is in a smooth uptrend. The currency price is making a series of higher highs and higher lows. The current uptrend is finding penetration difficult at the level of 1.3590. The uptrend will resume when the resistance at 1.3590 is breached. Otherwise, the pair will fall.

I-GBP / i-USD iqala kwakhona kwi-Uptrend, kwinqanaba leethagethi 1.3800
I-GBP / USD-4 Itshathi yeYure

Isalathisi seeyure ezingama-4 Ukufunda
GBP/USD is above the 75% range of the daily stochastic. It is in a bullish momentum and the 21-day and 50-day SMAs are sloping upward indicating the uptrend. The uptrend will terminate if price breaks below the moving averages or the trend line.

Umbono ngokubanzi we-GBP / USD
The Pound has resumed its upward move but targets level 1.3800. The current uptrend has reached the high of level 1.3590 which is in an overbought region of the market. The uptrend will continue if the resistance level is breached.

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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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