British Pound/US Dollar (GBP/USD) pair ne mahine ki shuruaat strong momentum ke sath ki, lekin 1.2500 resistance level aur 50-day Simple Moving Average (SMA) ko todne mein nakam raha. Yeh fail hone ke baad, pair ne retreat kiya aur Monday ko apne 20-day moving average ke neeche gir gaya. Filhal, price short-term trendline par 1.2350 ke aas paas support dhund raha hai. Technical indicators bearish trend ki taraf ishara kar rahe hain, aur Federal Reserve Chairman ka Capitol Hill par do din ka testimony scheduled hai, jisse GBP/USD ke further downside move ka imkaan barh gaya hai.
Key Support aur Resistance Levels
Agar selling pressure barhta hai, toh initial support levels 1.2235-1.2270 range mein maujood hain. Iske baad, pair declining trendline ke lower boundary ko challenge kar sakta hai, jo September se December tak establish hui thi, aur 1.2100-1.2160 ke aas paas hai. Agar price is trendline ke neeche girta hai, toh GBP/USD 1.2000 psychological level tak gir sakta hai, aur phir 1.1935 region tak bhi ja sakta hai, jo February aur March 2023 ke levels the.
Bullish Scenario
Agar GBP/USD 1.2350 support level ke aas paas stability dhundta hai aur wapas 20-day SMA ke upar chala jata hai, toh 50-day SMA aur 1.2500 resistance ka retest hone ke chances barh jate hain. Agar price is level ko todne mein kaamyab hota hai, toh uske baad 38.2% Fibonacci retracement level jo September-December decline ka hai, usko test kar sakta hai, jo 1.2600 par hai. Zyada bullish momentum aane par pair 50% Fibonacci retracement level aur 200-day moving average ko target kar sakta hai, jo 1.2765-1.2800 range mein hai.
Overall Market Sentiment
Filhal GBP/USD ka short-term bearish outlook hai, aur sellers ka focus 1.2350 ke neeche close hone par hai, jo aur zyada downside targets ko trigger kar sakta hai. Global markets Federal Reserve Chairman ke testimony ke liye brace kar rahe hain, aur speculative traders upcoming sessions mein “buy the dip” strategies par focus kar sakte hain, khas kar jab price 2023 ke lows 1.2269-1.2300 range ke kareeb aata hai.
تبصرہ
Расширенный режим Обычный режим