GBPUSD: medium-term buys of the pair. | 25 Maret 2020

25 Maret 2020, GBP/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.22500-1.23005. At the moment, the pair is trading lower, indicating the strength of sellers.GBPUSD: medium-term buys of the pair. • Medium-term trend: temporary uncertainty. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.22667-1.23012. At the moment, the pair is trading lower, indicating the strength 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 20.03.2020.

• Quotation of the lower boundary of the zone 1/4-1.15191.

• Quotation of the lower boundary of the zone 1/2-1.16271.

• Intraday objectives: update the lows from 20.03.2020-1.14110.

• Medium-term objectives: test the higher bound of GWCZ-1.12411.

• Trading recommendations: outside the market.GBPUSD: medium-term buys of the pair.

• Sell: 1.15191-1.16271, Take Profit 1-1.14110, Take Profit 2-1.12411.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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