GBP/USD Price Analysis: Hovers below key hurdle to the north, 1.3610 in focus
10.01.2022, 04:57

GBP/USD Price Analysis: Hovers below key hurdle to the north, 1.3610 in focus

  • GBP/USD prices remains lackluster after positing the biggest daily jump in a week.
  • A clear upside break of 100-DMA joins bullish MACD signals, three-week-old support line to keep buyers hopeful.
  • Horizontal area from August 20 precedes 61.8% Fibonacci retracement level to challenge bulls.

GBP/USD struggles to extend the previous day’s recovery moves near 1.3585 heading into Monday’s London open. In doing so, the cable pair seesaws below a horizontal resistance region established from August 20.

However, a clear upside break of the 100-DMA and a three-week-long uptrend, portrayed by the short-term support line, join the bullish MACD signals to favor buyers battling the 1.3600-3610 resistance zone.

It’s worth noting that the 61.8% Fibonacci retracement level of September-December downside, near 1.3625, adds to the upside filters before fueling the GBP/USD prices towards November’s peak near 1.3700.

Following that, the 200-DMA level surrounding 1.3740 will challenge the pair buyers afterward.

On the contrary, a convergence of the 100-DMA and aforementioned support line restricts short-term declines of the GBP/USD pair near 1.3555-3550.

Even if the cable pair drops below 1.3550, November 18 swing high and 38.2% Fibonacci retracement level, close to 1.3515 and 1.3450 in that order, will challenge the pair sellers.

GBP/USD: Daily chart

Trend: Further upside expected

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik