GBPUSD: medium-term buys of the pair. | 24 September 2019

24 September 2019, GBP/USD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.24322-1.24873. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.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 1.24328-1.24881. 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 20.09.2019.

• Quotation of the higher boundary of the zone 1/4-1.25024.

• Quotation of the higher boundary of the zone 1/2-1.24184.

• Intraday objectives: update the highs from 20.09.2019-1.25864.

• Medium-term objectives: test the lower bound of SWCZ-1.26424. GBPUSD: medium-term buys of the pair.

• Trading recommendations: buys from the range of favorable prices 1.24184-1.25024 in the formation of a reversal pattern.

• Buy: 1.24184-1.25024, Take Profit 1-1.25864, Take Profit 2-1.26424.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

· • TRADE METALS WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
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