13 Maret 2019, GBP/USD
Technical Observation
GBPUSD is currently above the three simple moving averages (200, 152, 52). While the price is above these three, I expect a steep rise towards the following lines 1.32929, a breakout above this lines will push the price further to the upperside towards 1.37664, and should price breakout higher, then further rally towards 1.42753. On the daily chart shown above, I'm only looking for buy orders, but a clear breakout below 1.25940 will mean we're looking for a long term sell towards 1.21.
Trade SignalBuy GBPUSD with your take profit 1.32929.