Wait | 28 Juni 2023

28 Juni 2023, GBP/USD

Technical observation

GBP rose to the resistance level 1.2847 and it was sustained below it, since then the price has been trading with an increasing bearish bias and I expect it to descend further, the anticipated downwards movement is a correction to the supportive zone 1.2360-1.2342 and I expect a rejection within it to re-buy GBP with my take profit at 1.2847 and stop-loss at 1.2235. If there is a clear break above the level 1.2847, I expect the value of this pair to ascend even further, however, in case of a clear breach below the zone 1.2360-1.2342; I expect the price to plunge towards the supportive levels 1.1797 or lower.

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