we are short towards1.3855 | 19 Maret 2021

19 Maret 2021, GBP/USD

we are short towards1.3855

Technical observation

On the hourly chart above, price declined and broke below a trend line as indicated above. It then retraced to it and was rejected at the same line. As long as this pair is contained below the trend you can anticipate bearish movements of price. My advice, if you sold GBP at the trend line above after a bounce, remain short with your take profit at 1.3855 and stop loss at 1.3942. Should there be a clear breakout above the line with a big green candle, My advice, wait for a correction to it and abounce confirming a possible rally to the upper side before you pick long positiosn towrads the resistnace level 1.3986.

Trade recommendation

Remain short with your take profit at 1.3855.

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.