Still long towards 1.3208. | 04 Maret 2020

04 Maret 2020, GBP/USD

Still long towards 1.3208.

Technical observation

Yesterday GBP rose as I had predicted and as long as it is contained above the supportive zone 1.2770-1.2746, only bullish price movements can be expected. If you went long within the zone mentioned above after a bounce, remain long with your take profit at 1.3208 and stop loss at 1.2598. If you are not in a trade yet, you can still pick long positions with this pair now but if you are abit sceptic to do so, wait for another correction to 1.2770-1.2746 and a rejection within it to buy. Should there be a clear penetration below 1.2770-1.2746 with a big red candle a possible decline towards 1.2357 can be expected.

Trade recommendation

Remain long with your take profit at 1.3208.

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.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus