23 Mei 2022, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.31203-1.31370. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.24671-1.24873. 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 23.05.2022.
• Quotation of the higher boundary of the zone 1/4 - 1.24751.
• Quotation of the higher boundary of the zone 1/2 - 1.24011.
• Intraday objectives: update the highs from 23.05.2022-1.25491.
• Medium-term objectives: test the lower bound of GWCZ-1.26001.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.24011-1.24751, Take Profit 1-1.25491, Take Profit 2-1.26001.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)