InstaForex - Analytics


    699.25 6.25/10
    61% of positive reviews

    Technical analysis of GBP/USD for December 28, 2015 2015-12-28

    The weekly technical analysis of the GBP/USD pair:


    Show full picture

    Trading Recommendations:

    • According to the previous events, the GBP/USD pair is still moving between 1.4841 and 1.4980 this week. .
    • Buy above 1.4841 with the first target at 1.4944, it might resume to 1.4980.
    • Below 1.5030 (161.8% of Fibonacci retracement levels), look for further downside with the aim to test the levels of 1.4980 and 1.4950 again.


    • Please check out the market volatility before investing, because the scenario may have already been invalidate.
    • Use historic prices to determine future prices.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree