Sell GBP within 1.2104-1.2113 | 09 Februari 2023

09 Februari 2023, GBP/USD

Sell GBP within 1.2104-1.2113

Technical observation

GBP is trading with an increasing bullish bias below the resistance zone 1.2104-1.2113, this upwards movement is a correction to zone indicated above and I expect a bounce within the same zone followed by a rally to the lower side. My advice, remain neutral and wait for a pullback to the zone I have mentioned above then sell a bounce within it with your take profit at 1.1935 and stop-loss at 1.2169. In case of a penetration below the level 1.1935, wait for a pullback to it before you continue short with this pair, on the other hand, if there is a clear break above the zone 1.2104-1.2113, I expect the price to ascend towards 1.2300.

Trade recommendation

Sell GBP within 1.2104-1.2113 with your take profit at 1.1935.

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