17 September 2019, GBP/USD
Technical Observation
Yesterday, GBPUSD retraced back to the lowerside but failed to break below 1.23870, we're waiting for a perfect pullback towards this line to pick a low risk buy with our stop loss below 1.22725. On this chart, the only key lines to look for include 1.23870, 1.22529-1.22340, if the price approaches any of these lines then that will act either as a good buy in case the price bounces off of it, or in case the price breaks below it, then that will be a good place to look for sell orders towards 1.22529.
Trade Recommendations:
Rebuy GBPUSD from 1.23870.