Wait | 08 Juni 2023

08 Juni 2023, GBP/USD

Technical observation

GBP is trading with an increasing bullish bias slightly below the resistance zone 1.2669-1.2609 and I expect a possible rejection of price within this zone followed by a momentum to the lower side. My advice, remain flat and wait for a correction to the zone I mentioned earlier then sell a bounce within it with your take profit at 1.1688 and stop-loss at 1.3035. In case of a break below the level 1.1688, wait for a correction to the broken level before you continue short towards 1.0363, on the other hand, should there be a clear break above the zone 1.2669-1.2609, you can anticipate upwards movements towards 1.3610.

Trade recommendation

Remain neutral.

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