Principal >
Datos analíticos de Forex
>
Pronóstico Fresco
>
Technical Analysis Based on Breakout
>
Wait for a retracement to 1.3944

Wait for a retracement to 1.3944 | 24 Enero 2018

24 Enero 2018, GBP/USD

Wait for a retracement to 1.3944

Technical observation

On 22nd of January this year,GBP broke above a resistance line 1.3944 then retraced to it on 23rd of January ,yesterday, price rose steadily towards 1.4055 and I expect it to be corrected to 1.3944 to buy GBP towards 1.4085,incase price goes below the support line 1.3944 then I would advise you wait for a retracement to it to confirm the price is on a bearish move then short the pair towards 1.3854 or even further lower to 1.13760,if 1.3760 gets broken too then continue short to 1.3503.Currently only long position looks more ideal after a retracement of price to 1.3944.The key lines to look for on this chart are 1.3944,1.3854,1.3760 and 1.3503.

Technical levels

Resistance levels

R1.1.4017

R2.1.4001

R3.1.3991

Pivot

1.3987

Support levels

S1.1.3975

S2.1.3969

S3.1.3953

Trade signal

Wait for retracement of price to 1.3944 then buy GBP towards 1.4085 and your stop loss at 1.3914.

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión

Mostrar contraseña

Ocultar contraseña

 ¿Se te olvidó tu contraseña?
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.

Nuestros mejores premios:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.