Nella nostra squadra ci sono più di 7.000.000 trader! Ogni giorno ci impegniamo a far sì che il trading migliori. Conseguiamo grandi risultati e ci muoviamo in avanti.
Il riconoscimento da parte di milioni di trader in tutto il mondo rappresenta l'alta valutazione della nostra attività! Voi avete fatto la vostra scelta e noi faremo la nostra al fine di soddisfare le vostre aspettative!
Assieme siamo una grande squadra!
InstaSpot. Siamo orgogliosi di lavorare per voi!
Attore, campione del mondo di lotta libera e semplicemente un vero maciste russo! Persona venuta dal nulla. Persona che rispecchia i nostri obiettivi. Il segreto del successo di Taktarov consiste nel mirare continuamente al suo scopo.
Dischiudi anche tu tutti gli aspetti del tuo talento! Impara, prova, sbaglia, ma non fermarti!
InstaSpot - la storia delle tue vittorie inizia qui!
On the hourly chart, the GBP/USD pair performed a new rebound from the resistance zone of 1.2788–1.2801 on Friday, turning in favor of the US dollar and falling to the support zone of 1.2690–1.2705. A rebound from this zone will keep the pair within a horizontal corridor. Securing the pair below the 1.2690–1.2705 zone will favor the US currency and continue the decline towards the 1.2611 level.
The wave situation remains unchanged. The last upward wave broke the peak from May 3, while the last completed downward wave did not even break the 1.2788–1.2801 zone. Thus, the trend for the GBP/USD pair remains bullish, with bulls having the upper hand. The first sign of the end of the bullish trend will appear only when a new downward wave breaks the low of the previous wave from May 30. I believe we should be prepared for a decline in the pound sterling, but first, the bears need to at least break through the 1.2690–1.2705 zone.
The information provided on Friday was favorable for the dollar. Besides the Nonfarm Payrolls report, which significantly exceeded traders' expectations, there was another report supporting the bears. Wages in the US rose by 0.4% m/m and 4.1% y/y in May. In both cases, traders' expectations were exceeded. What do these figures mean? Wages are rising, growing faster than expected, and accelerating in their growth. If wages are rising, it means that consumers will potentially spend more money, driving inflation. Thus, a secondary wage indicator is practically as important as the Nonfarm Payrolls. Wages in the US are rising, and inflation may accelerate with them, which negates any prospect of the Fed easing its monetary policy soon. For the pound, the bullish trend remains unbroken, but the bears' prospects significantly improved on Friday.
On the 4-hour chart, the pair turned in favor of the dollar and began falling toward the upward trend line. It's better to determine the dynamics and trends on the hourly chart. The horizontal corridor, which is currently the most important graphical structure, is clearly visible there. There are also two important zones on the hourly chart. Securing below the trend line would suggest a strong decline in the pound towards the 1.2620 and 1.2450 levels.
Commitments of Traders (COT) Report:
The sentiment of the "Non-commercial" category of traders became more bullish in the latest reporting week. The number of long contracts held by speculators increased by 9,077 units, while the number of short positions decreased by 8,731 units. The overall sentiment of major players has changed again, with bulls once again holding a solid advantage. The gap between the number of long and short contracts is 43,000: 102,000 against 59,000.
The pound still has good prospects for a decline, but the bears are still not ready to advance. Over the past three months, the number of long positions has remained unchanged, while the number of short positions has increased from 44,000 to 59,000. Over time, bulls will continue to get rid of Buy positions or increase Sell positions since all possible factors for buying the British pound have already been exhausted. However, the key factor will be the willingness and ability of the bears rather than the information background or COT report data.
News Calendar for the US and UK:
The economic event calendar contained no entries on Monday. Therefore, the influence of the information background on market sentiment will be absent today.
Forecast for GBP/USD and Trading Tips:
Sales of the pound were possible after a rebound from the 1.2788–1.2801 zone with a target of 1.2690–1.2705. This target has been reached. New sales should be made if the pair closes below the 1.2690–1.2705 zone with a target of 1.2611. Purchases can be opened on a rebound from the 1.2690–1.2705 zone with a target of the 1.2788–1.2801 zone.
*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.
Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
