Lihat juga
23.08.2023 07:08 PM
The GBP/USD pair is located at 1.2716 at the time of writing. As you can see on the H1 chart, the price is moving sideways between 1.2792 (upside obstacle) and 1.2625 (downside obstacle). You knew from my previous analysis that dropping below the uptrend line announced a potential downside reversal.
The downtrend line represents an upside obstacle. As long as it stays below it, the rate could drop again at least until the 1.2625 former low. Jumping above the downtrend line and above 1.2792 former high invalidates a larger drop and indicates further growth.
Staying below the downtrend line and dropping below 1.2625 activates a larger drop and is seen as a selling opportunity.
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.
