empty
 
 
28.11.2023 07:12 PM
November 28, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

This image is no longer relevant

In July 2023, the GBP/USD pair faced a strong resistance level near 1.3100 and started a fresh bearish movement.

Price pursued towards the price level of 1.2700 then 1.2600 support levels where the pair showed some indecision in a tight range before it could extend its decline towards the depicted price zone around 1.2060-1.2100.

A break below 1.2100 level could open the doors for more losses towards 1.1850. However, significant bullish demand has existed upon each time the market visits this price zone of 1.2060-1.2100.

On the other hand, the current bullish movement will be facing a strong challenge around the price zone of 1.2750-1.2800 where a previous consolidation range was established.

That's why, Price action should be watched cautiously for low-risk highreward bearish opportunity anywhere around 1.2800. Exit levels should be placed above 1.2890 with initial target level projected towards 1.2500.

Mohamed Samy,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Mohamed Samy
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback