GBP/USD Pada Uptrend, Resistance ogun ni Ipele 1.3560

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Awọn ipele Resistance Key: 1.4200, 1.4400, 1.4600
Awọn ipele Atilẹyin bọtini: 1.3400, 1.3200, 1.3000

GBP / USD Iye Aṣa gigun-gun: Bearish
Lati Oṣu kejila ọdun 20, GBP / USD has begun resumption of an upward move but battles resistance at level 1.3560. The bearish trend is presumed to have ended on December 29. According to the Fibonacci tool, the bearish trend has subsided as buyers resumed upward move. On July 19 downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement suggests that the market will fall to level 1.618 Fibonacci exhaustion. From the price action, the Pound has reversed from the Fibonacci extension. If the currency price breaks above the moving averages or level 1.3800, it will signal the resumption of the uptrend.

GBP/USD Pada Uptrend, Resistance ogun ni Ipele 1.3560
GBP/USD - Iwe apẹrẹ Ọsẹ

Weekly Chart Indicators Reading:
With the current upward move, the Pound is at level 48 of the Relative Strength period 14. The Pound is in the downtrend zone and below the centerline 50. The currency prices are below the moving averages
which often indicate a downward movement of prices. A break above the moving average will terminate the downward correction.

GBP / USD Aṣa-igba Alabọde: Bullish
On the 4-hour chart, the pair is in an uptrend. The price has broken above the moving averages and reached a high of 1.3539. Meanwhile, on December 30 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair is likely to rise to level 2.0 Fibonacci extension or level 1.3555.

GBP/USD Pada Uptrend, Resistance ogun ni Ipele 1.3560
GBP / USD - Chart 4 Wakati

Awọn afihan Awọn apẹrẹ Awọn apẹrẹ 4-wakati kika
The pair is above the 70% range of the daily stochastic. It is in a bullish momentum and approaches the overbought region. The currency prices are above the 21-day and 50-day SMAs. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.

Gbogbogbo Outlook fun GBP / USD
The Pound has regained bullish momentum but battles resistance at level 1.3560. If buyers sustain the bullish momentum above level 1.3800, the Pound will resume upside momentum.


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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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