13 Agustus 2020, GBP/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.24028-1.24160. At the moment, the pair is trading higher, indicating the weakness of sellers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.24039-1.24206. At the moment, the pair is trading higher, indicating the weakness 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 29.06.2020.
• Quotation of the lower boundary of the zone 1/4-1.23583.
• Quotation of the lower boundary of the zone 1/2-1.24663.
• Intraday objectives: update the lows from 29.06.2020-1.22503.
• Medium-term objectives: test the higher bound of GWCZ-1.21653.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.23583-1.24663, Take Profit 1-1.22503, Take Profit 2-1.21653.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)