What happens if I select a regulator?

Admiral Markets UK is regulated by the UK Financial Conduct Authority (FCA): Firm Ref № 595450.

Admiral Markets AS is regulated by the Estonian Financial Supervision Authority (EFSA): License № 4.1-1/46.

Admiral Markets Cyprus Ltd authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC): License number 201/13.

Selecting one of these regulators will display the corresponding information across the entire website. If you would like to display information for a different regulator, please select it.

Thank you, got it

GBP/USD Uptrend Tests 1.41 Support and Aims at 1.4250

April 12, 2018 11:12


4 hour

The GBP/USD bullish trend is testing the previous resistance levels (red), which could complete a wave 5 (green) pattern and start a potential reversal. A break below the long-term support trend line would confirm a larger bearish reversal.

1 hour

On the 1 hour chart, the GBP/USD could be building a wave 4 (grey) retracement pattern. The alternative is that price already completed the wave 5 (grey) at the previous high. The Fibonacci levels of wave 4 are important because they could act as potential support levels whereas a break above resistance (red) could indicate a bullish continuation.

Good trading,

Chris Svorcik

P.S. Don't forget to follow Admiral Markets on Facebook – or @AdmiralMarkets on Twitter – for the latest market updates.