GBPUSD: temporary uncertainty. | 19 Desember 2018

19 Desember 2018, GBP/USD

Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.25841-1.26492. At the moment, the pair is trading higher, indicating the weakness of sellers.GBPUSD: temporary uncertainty. Medium-term trend: goes short. It is very difficult to make a forecast in terms of volume analysis, as the new contract began to trade and the past volumes of the medium-term trend lost their meaning. The maximum accumulation of volumes of correction is located in the range, of quotations 1.25845-1.26458. At the moment, the pair is trading higher, indicating the weakness of sellers. The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 12.12.2018. Quotation of the lower boundary of the zone 1/4 - 1.25727, quotation of the lower boundary of the zone 1/2 -1.26676. Intraday objectives: update the lows from 12.12.2018 - 1.24768, medium-term objectives: test the higher bound of SWCZ - 1.23055.GBPUSD: temporary uncertainty. Trading recommendations: The volume of the long-term trend prevents entry into the transaction, I recommend refraining from new positions or Sells from a range of favorable prices 1.25727-1.26676 in the formation of a reversal pattern.

Sell: 1.25727–1.26676, Take Profit 1-1.24768, Take Profit 2-1.23055.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

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James Hoggarth
Analyst of FreshForex
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