06 September 2019, GBP/USD
Technical Observation
Since September 2nd, GBPUSD has remained confined above the Alligator trend indicator. This pair overall is is an up trend, and while the price remains above the three Moving averages forming parts of the indicator,m I expect an acceleration further to the upperside towards 1.24544 and may continue even higher. This is true while the price is above the blue line above , in case the price breaks below it, then further momentum to the lowerside is expected with my take profit at 1.19770.
Trade Recommendations:
Buy GBPUSD towards 1.2465