in ANALISA by hafid zaini

7640818 7/12/2017 5:10 PM, GBP/ILS intraday: the downside prevails as long as 4.5827 is resistance


4.5827 is our pivot point.


Our preference

: the downside prevails as long as 4.5827 is resistance.


Alternative scenario

: above 4.5827, look for 4.5925 and 4.5983.


Comment

: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 4.5779 and 4.5848).


Supports and resistances

:

4.5983 **

4.5925 *

4.5827 **

4.5788

4.5726 last

4.5593

4.5535 **

4.5476 *

4.5418 **