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Main » 2016 » July » 21 » Forex forecast 21.07.2016: GBP / USD
Forex forecast 21.07.2016: GBP / USD



After the publication of data on unemployment pound showed steady growth.According to the report, in Britain the number of unemployed has decreased, while the number of unemployment benefits rose.




Current situation

Technical pair GBP / USD under pressure on the 4-hour chart. The pair rebounded from the daily low at 1.3100, but move above 32nd figures could not. Tool rose 0.45% during the day. The local maximum is at 1.3226 today.Resistance is located at 1.3300, support - at 1.3100.

MACD is in the negative zone. Histogram indicator grew, indicating a weakening of the position of sellers. RSI rebounded from oversold area and gives a signal to buy.

Price stopped 50-the EMA on the 4 hour chart. 50-EMA and 100-EMA have a horizontal direction, 200-EMA is directed downward.


Forecast GBP / USD today

It seems that it is time to find good support at the current level of 1.3100. If a tool breaks down the level, the decline will continue to 1.2900. Otherwise, we will see an increase to 1.3300.




Based on materials from Fort Financial Services

Views: 216 | Added by: mik | Rating: 0.0/0
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