empty
 
 
24.12.2019 06:45 PM
GBP/USD analysis for December 24,2019 - Upside breakout of the pivot reistance at 1.2958, watch for buying opportuntiies

GBP has been trading upwards in the past 24 hours as I expected. The broke the important pivot resistance at 1.2960. There is the failed bear flag pattern in the background, which is sign that buyers are in control. Upward targets and resistance levels to watch are set at 1.2979, 1.2995 and 1.3030.

This image is no longer relevant

MACD oscillator is showing mew momentum on the upside and slow line is sloping upside.

Support level is seen at the price of 1.2958.

Watch for buying opportunities on the dips on the lower frames like 5/15 minutes time-frame.

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