22 Agustus 2018, GBP/USD
Technical Observation
Just as I said previously, while the price is above the two Simple Moving Averages, I expect nothing but a rise towards 1.3115. If you are in a long position based on the other days analysis, you can still look for long positions now after a retracements towards 1.2820. O its way upwards, the key lines to look for include 1.2965, 1.2995 and 1.3115. If these lines are broken, then further rise towards 1.3230. On the contrary, only a descend below 1.2715 will attract a long term short position.
Trade Signal.
Buy GBP towards 1.3200
101% Double the volume