31 Juli 2020, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.25420-1.25634. 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 1.27212-1.27321. 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 31.07.2020.
• Quotation of the higher boundary of the zone 1/4-1. 30357.
• Quotation of the higher boundary of the zone 1/2-1. 29277.
• Intraday objectives: update the highs from 31.07.2020-1. 31437.
• Medium-term objectives: test the lower bound of GWCZ-1. 33327.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1. 29277-1. 30357, Take Profit 1-1. 31437, Take Profit 2-1. 33327.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)