Expecting a rally to 1.2381 | 27 Juni 2022

27 Juni 2022, GBP/USD

Expecting a rally to 1.2381

Technical observation

GBP retraced to the supportive zone 1.2187-1.2175 but did break below it, instead it bounced within the zone and since then it has been trading with an increasing bullish bias. I expect a continuation of this upwards movement to the key level 1.2381 followed by a either a rejection at it or a clear break above it with a big green candle. If you are currently holding bullish positions, remain in the trade with your take profit at 1.2381 and stop-loss at 1.2090, should there be a clear break above the level 1.2381, wait for a correction to it before you continue long. As it is on the chart above, I can only recommend short positions below the zone 1.2187-1.2175.

Trade recommendation

Remain long with your take profit at 1.2381.

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