28 Januari 2021, GBP/USD
Technical observation
GBP declined and broke below a supportive level it established at 1.3703. Right now, it is trading with an increasing bullish bias below the same line and i expect this upwards movement to continue to it followed by a bounce it to pick short positions towards 1.3607. My advice, wait for a correction to the line 1.3703 and a rejection at it to sell GBP with your take profit at 1.3607 and stop loss at 1.3731. On the chart above, as long as price is contained below the line 1.3703, you can only anticipate a momentum to the lower side. As it is I can only recommend bullish positions above the line 1.3703.
Trade recommendation
Wait for a correction to the line 1.3703 to sell GBP with your take profit at 1.3607.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to [email protected] with your account number funded.
en 
cn 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 