GBPUSD: temporary uncertainty. | 20 Desember 2018

20 Desember 2018, GBP/USD

Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of medium-term trend is located at the quote 1.26244. 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 medium-term trend is located at the quote 1.26243. 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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