18 September 2018, GBP/USD
Technical observation
GBP/USD went up as predicted, I expect a correction of price to 1.3056-1.3025 and a rejection of it within the zone for possible upwards movement of price towards 1.3119 and a possible breakout above it for a further rise in price towards 1.3999.wait for the correction to 1.3056-1.3025 then buy GBP/USD within it with your take profit at 1.3119 and stop loss slightly below 1.3025.in case of breakout above 1.3119,wait for correction to it to confirm further bullish momentum of GBP before you continue long with this pair. Only long positions look ideal on the daily chart above an d can be recommended within 1.3056-1.3025.
Technical levels
Resistance levels
R1.1.3124
R2.1.3178
R3.1.3266
Pivot
1.311
Support levels
S1.1.3036
S2.1.3002
S3.1.2915
Trade signal
Buy GBP/USD within 1.3056-1.3025 towards 1.3119.
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