04 Juni 2020, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.23302-1.23522. At the moment, the pair is trading higher, indicating the strength of buyers. • Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.22289-1.22398. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 03.06.2020.
• Quotation of the higher boundary of the zone 1/4-1.25069.
• Quotation of the higher boundary of the zone 1/2-1.23989.
• Intraday objectives: update the highs from 03.06.2020-1.26149.
• Medium-term objectives: test the lower bound of GWCZ-1.27258.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.23989-1.25069, Take Profit 1-1.26149, Take Profit 2-1.27258.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)