Buy a bounce within 1.4093-1.4082 | 10 Juni 2021

10 Juni 2021, GBP/USD

Buy a bounce within 1.4093-1.4082

Technical observation

GBP is pulling back to a supportive zone 1.4093-1.4082, I expect it to be sustained above the zone for a momentum to the upper side, however there is a still a possibility of a clear breakout below the same zone with a big red candle, if this is the case, I expect price to plummet to the lower side towards the supportive level 1.4082 and in this case, I would advise you wait for a retracement to the just broken zone and a rejection within it before you sell GBP. Right now as it is on the chart above, wait for a correction to the zone 1.4093-1.4982 and a pick long positions within it after a bounce with your take profit at 1.4233 and stop loss at 1.4028.

Trade recommendation

Buy a bounce within 1.4093-1.4082 with your take profit at 1.4233.

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