29 April 2020, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.23848-1.24171. At the moment, the pair is trading higher, indicating the strength of buyers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.24878-1.25026. 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 21.04.2020.
• Quotation of the lower boundary of the zone 1/4-1.23575.
• Quotation of the lower boundary of the zone 1/2-1.24655.
• Intraday objectives: update the lows from 21.04.2020-1.22495.
• Medium-term objectives: test the higher bound of WCZ-1.22184.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.23575-1.24655, Take Profit 1-1.22495, Take Profit 2-1.22184.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)