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GBPUSD: medium-term buys of the pair

GBPUSD: medium-term buys of the pair | 21 June 2019

21 June 2019, GBP/USD

Long-term trend: temporary uncertainty. New contract!!! The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.25273-1.26254. At the moment, the pair is trading higher, indicating the strength of buyers.GBPUSD: medium-term buys of the pair Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations котировкам 1.26900-1.27025. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 20.06.2019. Quotation of the higher boundary of the zone 1/4-1.26408. Quotation of the higher boundary of the zone 1/2-1.25564. Intraday objectives: update the highs from 20.06.2019-1.27272. Medium-term objectives: test the lower bound of WCZ-1.28419.GBPUSD: medium-term buys of the pair Trading recommendations: buys from the range of favorable prices 1.25564-1.26408 in the formation of a reversal pattern.

Buy: 1.25564-1.26408, Take Profit 1-1.27272, Take Profit 2-1.28419.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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