GBPUSD: medium-term sells of the pair. | 19 Juni 2019

19 Juni 2019, GBP/USD

Long-term trend: goes short. New contract!!! The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.25220-1.25414 and 1.25821-1.25998. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.GBPUSD: medium-term sells of the pair. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.25220-1.25414 and 1.25854-1.26097. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 18.06.2019. Quotation of the lower boundary of the zone 1/4-1.25898. Quotation of the lower boundary of the zone 1/2-1.26740. Intraday objectives: update the lows from 18.06.2019-1.25065. Medium-term objectives: test the higher bound of GWCZ-1.23364.GBPUSD: medium-term sells of the pair. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 1.25898-1.26740 in the formation of a reversal pattern.

Sell: 1.25898-1.26740 , Take Profit 1-1.25065, Take Profit 2-1.23364.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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