We're bullish towards 1.4615. | 10 September 2021

10 September 2021, GBP/USD

We're bullish towards 1.4615.

Technical observation

Since its rejection within the supportive zone 1.3661-1.3599, GBP has been rose steadily for two consecutive weeks; this week however, price has been trading with an increasing bearish bias towards the zone I have mentioned above. Despite this bearish movement I still expect a momentum to the upper side to the resistance level 1.4615. My advice, if you picked long positions within the zone 1.3661-1.3599 after a bounce, remain in the trade with your take profit at 1.4615 and stop loss at 1.3355. Should there be a clear breakout above the line 1.4615 with a big green candle, I expect a further surge to the upper side.

Trade recommendation

Remain bullish 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