GBP/USD Technical Analysis

GBP/USD Technical Analysis

Technical Analysis
05 нояб. 2018 г.

The pair is going up.

At the moment the dollar index is falling and has moved away from the highs reached last week, going down to the level of 96.10. Therefore, our pair showed a strong upward movement last week.

Today we expect the US to release data on the labor market. Moreover, the number of currently open vacancies will be published - this figure is expected to be 7.1M.

From the UK, we do not expect strong news today.

On our chart we observe that the price was able to overcome the mark of 1.3010 and rushed higher. If we look at our chart from the point of view of the Elliott wave theory, we can observe the formation of the third upward wave and assume that the price will go to the levels of 1.3150 and 1.3250.

Our technical indicators point to a purchase, so we advise you to look for points to enter long positions and to consider your goals the marks near the above levels.

SuperForex

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

EUR/USD Technical Analysis & Daily Chart

SuperForex
04 нояб. 2018 г.

Technical Analysis

GBP/USD Technical Analysis

GBP/USD Technical Analysis

SuperForex
31 окт. 2018 г.

Technical Analysis

EUR/GBP Technical Analysis & Daily Chart

EUR/GBP Technical Analysis & Daily Chart

SuperForex
31 окт. 2018 г.