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GBPUSD: temporary uncertainty.

GBPUSD: temporary uncertainty. | 26 June 2019

26 June 2019, GBP/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26944-1.27214. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations котировкам 1.26944-1.27239. At the moment, the pair is trading lower, indicating the weakness of buyers 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 25.06.2019. Quotation of the higher boundary of the zone 1/4-1.26999. Quotation of the higher boundary of the zone 1/2-1.26164. Intraday objectives: update the highs from 25.06.2019-1.27840. Medium-term objectives: test the lower bound of WCZ-1.28419.

Trading recommendations: the volumes of the medium-term trend impede the entry into the sell transaction, I recommend staying out of the market.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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