empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

30.08.202310:57 विदेशी मुद्रा विश्लेषण और समीक्षा: August 30, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

Exchange Rates 30.08.2023 analysis

Recently, The GBP/USD pair managed to climb above 1.2600 and tried to advance toward 1.2900 and target around 1.3200.

Moreover, the GBP/USD had long-term higher targets around 1.3300 if sufficient bullish momentum was maintained.

However, the GBP/USD pair has shown signs of bearish rejection just below 1.3200, initiating the recent bearish movement.

After bearish closure below the price level of 1.2800 on a H4 candlestick, it continued to fall toward 1.2500 where the depicted uptrend line comes to meet a significant Fibonacci Level.

This should be considered for Intraday traders as a valid BUY Entry with Stop Loss to be placed just below 1.2500.

This scenario was just supported with the recent bullish rejection manifested in Yesterday's daily candlestick.

On the other hand, if the pair manages to break and persist below 1.2500, further bearish decline should be expected at least towards 1.2400 and probably 1.2200.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.