GBPUSD: medium-term sells of the pair. | 15 Juni 2022

15 Juni 2022, GBP/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.21853-1.22129. At the moment, the pair is trading lower, indicating the strength of sellers.GBPUSD: medium-term sells of the pair.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.21645-1.21950. At the moment, the pair is trading lower, indicating the strength 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 14.06.2022.

• Quotation of the lower boundary of the zone 1/4-1.20070.

• Quotation of the lower boundary of the zone 1/2-1.20810.

• Intraday objectives: update the lows from 14.06.2022-1.19330.

• Medium-term objectives: test the higher bound of GWCZ - 1.19180.GBPUSD: medium-term sells of the pair.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 1.20070-1.20810, Take Profit 1-1.19330, Take Profit 2-1.19180.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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