Wait | 16 Agustus 2021

16 Agustus 2021, GBP/USD

Wait

Technical observation

GBP is retracing to a supportive zone it established at 1.3661-1.3599, I expect a bounce within this zone for a rally to the upper side to the key level 1.4615, my advice, remain flat and wait for a correction to the zone 1.3661-1.3599 to buy GBP with your take profit at 1.4615 and stop loss at 1.3344. If price breaks below the zone 1.3661-1.3599 with a big red candle, I expect a possible surge to the supportive level 1.2565 or even to the lower level 1.1518.However, in case there is a clear breakout above the level 1.4615 with a big green candle, wait for a correction to it before you continue long with this pair towards the level 1.5891.

Trade recommendation

Remain flat.

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