GBP/USD Technical Analysis

GBP/USD Technical Analysis

Technical Analysis
24 oct 2018

The pair lingered.

Today we are waiting for a number of macroeconomic reports, including on the real estate market and durable goods from the United States. At the moment we are seeing that the dollar index has risen to 3-month highs and has overcome the 96.00 mark.

The data released yesterday from the UK on the real estate market was worse than expected.

On the chart we observe that the price is falling and is currently near the level of 1.29. Our technical indicators point to a sell with the possibility of correction to the middle of the Bollinger channel.

Therefore, we advise you to look for points to enter short positions and consider the levels of 1.2850 and 1.28 as your goals.

SuperForex

Technical Analysis

EUR/USD Technical Analysis

EUR/USD Technical Analysis

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22 oct 2018

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EUR/AUD: Review & Forecast

EUR/AUD: Review & Forecast

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EUR/USD Technical Analysis & Daily Chart

EUR/USD Technical Analysis & Daily Chart

SuperForex
21 oct 2018