empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

26.10.202308:57 Forex Analysis & Reviews: GBP/USD analysis for October 26, 2023 - Key support cluster on the test

Technical analysis:

Exchange Rates 26.10.2023 analysis

GBP/USD has been trading downside as I expected but the price is near the key support cluster at the 1.2050.

Due to the strong support and potential exhaustion condition on the downside, there is potential for the upside correction towards upside reference.

Upside objective is set at 1.2110

Key support is set at the price of 1.2050

In case of the downside breakout of the 1.2050, downside objective is set at 1.201

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Petar Jacimovic,
Analytical expert of InstaSpot
© 2007-2025
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.

Não pode falar agora?
Faça sua pergunta no chat.