Pick long position within 1.2209-1.2173 | 21 Mei 2020

21 Mei 2020, GBP/USD

Technical observation

GBP pulled back to the zone 1.2209.1.2173 it recently penetrated above and is currently rallying within it with an increasing bearish momentum. I expect a bounce within the zone for possible upwards movements of this pair towards the resistance zone 1.2770-1.2746 followed by a breach above it for further bullish movements of price. My advice, buy a bounce within the zone 1.2209.1.2173 with your take profit at 1.2746 and stop loss at 1.1978. In case of a clear breakout above the resistance zone 1.2770-1.2746, continue long with this pair after a retracement towards the key level 1.3312.

Trade recommendation

Buy GBP within 1.2209-1.2173 with your take profit at 1.2746.

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