empty
 
 
14.12.2020 12:17 PM
Technical analysis for GBP/USD pair for the week of December 14-19, 2020

The pair tested the 13th average, EMA 1.3141 (yellow thin line) while declining last week, but the weekly candle closed above 1.3225 (red dotted line) – a pullback level of 14.6%. This week, the price will most likely continue to rise.

Trend analysis

The price from the level of 1.3234 (closing of the last weekly candle) is expected to rise to the first target of 1.3384 – the historical resistance level (blue dotted line). If this level is reached, it is possible to further move upwards to the target of 1.3538 - the upper fractal (red dashed line).

This image is no longer relevant

Figure 1 (weekly chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up

- Bollinger lines - up;

- monthly chart - up.

An upward movement can be concluded based on comprehensive analysis.

The overall result of the candlestick calculation on the weekly chart: the price is likely to have an upward trend this week, with the presence of the first lower shadow in the weekly white candlestick (Monday - down) and without the second upper shadow (Friday - down).

The first upward target is 1.3384 – the historical resistance level (blue dotted line). If this level is reached, it is possible to further rise to the target of 1.3538 – the upper fractal (red dashed line).

An alternative scenario: the price from the level of 1.3234 (closing of the last weekly candle) will move up to the first target of 1.3384 - the historical resistance level (blue dotted line). After reaching this level, it is possible to decline to the target of 1.3225 – the pullback level of 14.6% (red dotted line).

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $8000 lebih banyak!
    Pada Maret kami mengundi $8000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback