empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

06.12.202117:27 Forex Analysis & Reviews: GBP/USD analysis on 6 December, 2021

Exchange Rates 06.12.2021 analysis

GBP/USD is trading close to 1.3250, extending the bounce flat amid the risk-on action in the European equities. Hawkish Fed expectations underpin the greenback and may cap gains amid Brexit uncertainties. Focus on Omicron updates and BOE-speak.

From a technical viewpoint, Friday's downfall confirmed a near-term bearish break through a short-term descending channel extending from July. That said, the pair's ability to defend the 1.3200 mark warrants some caution for aggressive bearish traders. Hence, it will be prudent to wait for some follow-through selling below the mentioned handle before positioning for any further depreciating move. The pair might then accelerate the downfall towards the next relevant support near the 1.3125 region en-route the 1.3100 mark and the 1.3050-45 region.

On the flip side, any subsequent move up is likely to confront a stiff resistance near the 1.3300 round figure. A sustained move beyond will suggest that the pair has formed a near-term base near the 1.3200 mark and pave the way for additional near-term recovery. The pair might then accelerate the recovery momentum towards the 1.3340-50 supply zone en-route the 1.3370 area and the 1.3400 level. The latter should act as a key barrier, which if cleared decisively will negate any near-term bearish bias.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Jan Novotny,
Analytical expert of InstaSpot
© 2007-2024
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaSpot akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaSpot, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.