Remain flat temporarily | 02 Agustus 2022

02 Agustus 2022, GBP/USD

Technical observation

GBP is trading with an increasing bullish bias slightly below the resistance zone 1.2318-1.2302 and I expect a further rise to the same zone followed by a rejection of price within it to pick sell positions with my take profit at the level 1.1778 and stop-loss at 1.2429. In case of a clear penetration below the supportive level 1.1778 with a big red candle, I expect this pair to plummet further after a correction of price to the broken line and a bounce at it, however if there is a clear break above the zone 1.2318-1.2302, I expect the value of GBP to ascend towards the resistance level 1.2655 or even higher to the level 1.3194.

Trade recommendation

Remain flat temporarily.

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