Wait for a bounce from 1.3205. | 17 Desember 2019

17 Desember 2019, GBP/USD

Technical Observation

In the recent past, GBPUSP has been in an active up trend. And lately, the price bounced off from the daily high 1.3514 and could not continue any higher. We expect this bounce to be an end to the previous up trend, that the current bearish momentum is the continuation of a bearish retracement and could see the price break below the 50.% fib level but should not go any lower. If you're flat on this pair now, wait for a bounce from 1.3205 to pick a possible long term buy order towards 1.3514.

Trade Recommendations:

Wait for a bounce from 1.3205.

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.