Wait | 30 Oktober 2018

30 Oktober 2018, GBP/USD

Technical observation

GBP/USD is still rallying towards the support 1.2693 and I expect either a clear breakout below it with a big red candle or a rejection at it followed by a correction to the zone 1.3317-1.3281.In case of a correction to 1.3317-1.3281, wait for a rejection within it then to re-sell this pair with your take profit at 1.2693 and stop loss slightly above 1.3317 and in case there’s no rejection within the above mentioned zone but a clear penetration above it with a big green candle, I’ll wait for a confirmation of bullish movement of GBP before I buy this pair. Should there be a breakout below 1.2693, wait for a retracement to it before you sell GBP.

Technical levels

Resistance levels

R1.1.2855

R2.1.2881

R3.1.2946

Pivot

1.2818

Support levels

S1.1.279

S2.1.2751

S3.1.2686

Trade signal

Wait for either a correction to 1.3317-1.3281 or a breakout below 1.2693 to sell GBP.

Do you know against which currencies GBP is the most profitable?

More trading assets here...

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.