Remain neutral | 05 Januari 2022

05 Januari 2022, GBP/USD

Technical observation

On the chart above, I anticipated a rejection of price within the resistance zone 1.3435-1.3354 followed by a surge to the lower side, however this pair rose and broke above the same zone with a big green candle and as long as it stays above this zone, I can only recommend bullish positions for this pair. Right now I would advise that you wait for a correction to the broken zone then buy a bounce within it with your take profit at 1.4239 and stop loss at 1.3068. In case of a clear breakout above the key level 1.4239 with a big green candle, I expect the value of this pair to spike towards the upper resistance level 1.5535.

Trade recommendation

Remain neutral.

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