We are long towards 1.4239 | 08 Februari 2022

08 Februari 2022, GBP/USD

We are long towards 1.4239

Technical observation

Last week GBP rose with a big green candle following a retracement and a bounce within the supportive zone 1.3435-1.3354, this week I expect a further momentum to the upwards side to the resistance level 1.4239. If you picked long positions within the zone 1.3435-1.3354 after a bounce, remain long with your take profit at 1.4239 and stop loss at 1.3053. Should there be a clear breakout above the resistance line 1.4239 with a big green candle, I expect the value of this pair to ascend further after a retracement to the broken line. As it is on the chart above, I can only recommend bearish positions below the zone 1.3435-1.3354.

Trade recommendation

Remain long with your take profit at 1.4239.

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