We're flat | 20 Desember 2018

20 Desember 2018, GBP/USD

We're flat

Technical observation

This weeks candle is still rallying on an increasing bullish momentum towards a resistance zone 1.3450-1.3308 and as the end of the week is appproaching , I expect a close below the above mentioned zone and possible bullish or bearish price rally next week.For the pair on the chart above I am neutral and I am holding on to this position waiting for either a correction to 1.3450-1.3308 and a bounce within it to sell GBP or a decline to 1.2001 followed by breakout below it and a correction to it to pick short position. The pair on the chart above is on a downwards momentum and so only short positions may be recommended.

Trade recommendation

Remain flat.

Be the first to get $5 for participation in the webinar 8.30 GMT!

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.