Vea también
02.12.2024 04:58 AMLast Friday, the British pound rose above the resistance level of 1.2708 but fell short of the next target at 1.2773 by about 20 pips. This morning, the price has returned below 1.2708, potentially reversing from the peak level of August 30, 2023 (1.2745). This highlights the weakness of buyers, as the resistance at 1.2773 appears significantly stronger.
The Marlin oscillator must return to bearish territory to confirm a reversal into negative values.
Attention should also be paid to today's release of November Manufacturing PMI: declines are expected in the Eurozone and the UK, while the US index is anticipated to show improvement. Considering the overall downtrend, the target of 1.2612 remains viable.
On the H4 chart, the price and the Marlin oscillator show divergence. The price gravitates towards the support at 1.2612. A subsequent test of the MACD line near 1.2567 could follow, with the level at 1.2510 as the next potential target.
You have already liked this post today
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
