Looking to sell within 1.2618-1.2655 | 17 Juni 2022

17 Juni 2022, GBP/USD

Looking to sell within 1.2618-1.2655

Technical observation

For the past two consecutive days now GBP has been trading with an increasing bullish bias, this upwards movement is a correction to the resistance zone price established at 1.2618-1.2655 and today I expect a continuation of this upwards movement to the same zone followed by a rejection within to pick short positions with my take profit at 1.1990 and stop-loss at 1.2846. Should price break below the level 1.1990, wait for a correction to it before you continue short towards the level 1.1445, on the other hand, in case of a clear break above the zone 1.2618-1.2655, I anticipate a possible bullish momentum towards the key level 1.3212.

Trade recommendation

Wait for a pullback to the zone 1.2618-1.2655 to sell GBP.

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