Support: 1.5345, 1.5330, 1.5280.
Panic will be triggered below 1.5190 with targets at 1.5170,1.5140 and 1.5100. Trade: safe selling below 1.5180.
The cross is holding the 20wsma and trading above it. The cross is going on its five-week uptrend. The pair made a double top at 185.00. The cross broke and closed below the strong support base of 183.50. We are bullish about the GBP against crosses. The weekly support is seen at 182.40 and 20Wsma. Today, traders eye NFP data. Ahead of the big event, the pound is trading lower against the yen. At yesterday's session, the cross managed to breach above 20Dsma, but it closed below it. Today at the Asian session, the cross again was rejected at 20Dsma and trading lower. The intraday support is found at 182.40. On a monthly basis, until the cross closes above 181.50, the long trade remains in play. Bulls are trying to close above 182.40 on a weekly basis. For an intraday view, we recommend fresh buying above 183.00 with targets at 183.75 sl 182.70. Safe buying will be triggered above 184.00. Besides, you are recommended to sell below 182.30 with targets at 182.20, 182.00, and 181.70. We can expect strong momentum only above 184.00. Trading is shifted to 181.50 and 184.00 from 185.00 and 183.50. The panic will be triggered below 181.50 towards 181.00 and 180.00 odd levels.
Trade: buying sl 182.70.
Selling below 182.30.
neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door MT5.com portal. Als u zijn artikel goed vindt, stemt u dan op hem.
Uitgevoerd door, Analytische expert
InstaForex Group © 2007-2015