04 Juni 2021, GBP/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.38924-1.39175. 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 1.41433 -1.41583. At the moment, the pair is trading lower, indicating the weakness 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 01.06.2021.
• Quotation of the higher boundary of the zone 1/4 - 1.41697.
• Quotation of the higher boundary of the zone 1/2 - 1.40837.
• Intraday objectives: update the highs from 01.06.2021-1.42557.
• Medium-term objectives: test the lower bound of GWCZ-1.43167.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.40837-1.41697, Take Profit 1-1.42557, Take Profit 2-1.43167.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)