We're bullish towards 1.4615 | 05 April 2021

05 April 2021, GBP/USD

We're bullish towards 1.4615

Technical observation

Since its rejection above the supportive zone 1.3599-1.3478, GBP has been trading with an increasing bullish bias and as long as the value of this pair is contained above the zone mentioned above, I expect this upwards movement to continue to the resistance line 1.4615. If you bought GBP above the zone 1.3599-1.3478 after a rejection, remain long with your take profit at 1.4615 and stop loss at 1.3134. Should there be a clear breakout below 1.3599-1.3478 with a big red candle, wait for a correction to it and a bounce confirming a possible rally to the lower side before you pick short positions with your take profit at 1.2011.

Trade recommendation

Remain long with your take profit at 1.4615.

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