11 Februari 2021, GBP/USD
Technical observation
Since it bounced at the supportive zone 1.3461-1.3409, GBP has been trading with an increasing bullish bias and I expect this upwards movement to continue to the resistance level 1.4249 followed by either a breakout above it or a rejection at it. If you are currently long with GBP i would advise you remain in the trade with your take profit at 1.4249 and stop loss at 1.3054. In case of breakout above the line 1.4249 with a big green candle, wait for a correction to it and a bounce confirming further bullish movements of this pair before you continue long towards the upper resistance level 1.5022.
Trade recommendation
Remain long with your take profit at 1.4249.
Trade recommendation
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 February 1 to 26, 2021.
2. Send a request to [email protected] with your account number funded.
en 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 