Long Gbp around 1.3138 | 15 November 2017

15 November 2017, GBP/USD

Long Gbp around 1.3138

Technical Observation:
Nothing significant has occurred since the other day's forecast. Gbp is still holding bullish as I said before and still way above 1.3138. I went long around 1.3138 and is still holding onto this trade. My expectations is that the price should continue to rise especially while the price is above 1.3138 with a take profit at 1.4373. If the price can plummet below 1.3138, then a drop in price is expected.
Technical Levels
Resistance levels
R1: 1.3261
R2: 1.3331
R3: 1.3502
Pivot
1.3141
Support Levels
S1: 1.2817
S2: 1.2988
S3: 1.3089
Trade Signal
Long Gbp around 1.3138 with your take profit at 1.4373

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Imelda Maseno
Analyst of «FreshForex» company
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