• GBP/USD: Clean break below 21DMA could open room for further downside – OCBC

Notícias do Mercado

20 dezembro 2022

GBP/USD: Clean break below 21DMA could open room for further downside – OCBC

GBP/USD stays relatively quiet at around 1.2150. A break below here could open room for further losses, economists at OCBC Bank report

Risks still skewed to the downside in the near term

“Daily momentum is mild bearish while RSI is flat.”

“Bearish divergence on MACD and rising wedge pattern (bearish reversal) continue to caution for pullback play lower in the near term.”

“Risks still skewed to the downside in the near term.”

“Support here at 1.2150 (21 DMA), 1.21 (200 DMA), 1.2050 (50% fibo).” “Resistance at 1.2450 (61.8% fibo retracement of 2022 high to low).”

 

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: