empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

31.03.202217:24 Forex Analysis & Reviews: GBP/US forecast on 31st March

Exchange Rates 31.03.2022 analysis

GBP/USD continues to fluctuate above 1.3100 in the second half of the day on Thursday. Although the data from the US showed that the core PCE inflation rose at a slightly softer pace than expected in February, the US Dollar Index stays in positive territory.

GBP/USD faces stiff resistance at 1.3160 (Fibonacci 38.2% retracement of the latest downtrend, 50-period SMA). In case the pair makes a four-hour close above that level and starts using it as support, buyers could show interest. 1.3200 (psychological level, Fibonacci 50% retracement) and 1.3260 (Fibonacci 61.8% retracement) align as next bullish targets.

On the downside, the first support is located at 1.3100 (psychological level, Fibonacci 23.6% retracement) ahead of 1.3050 (static level).

Meanwhile, GBP/USD trades slightly below the 100-period SMA on the four-hour chart and the Relative Strength Index (RSI) indicator edges lower, confirming buyers' hesitancy.

*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.