Look for a long position towards 1.4735 | 29 September 2017
29 September 2017, GBP/USD
Technical Observation
Recently, Gbp broke out above 1.3363 with a big green candle, retraced back to it, but could not penetrate below. I'm waiting for a rally to the upper side, then a second retracement to this line to pick a long position with my take profit at 1.4735. As it is, Gbp is bullish and only a buy position can be recommended, but only after a clear buy signal is seen. That said, unless the line 1.3363 is broken with a big red candle, I expect a long position around this line. If the line 1.3363 is broken, then the price could plummet towards 1.3761.
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.