GBPUSD: medium-term sells of the pair | 26 September 2019

26 September 2019, GBP/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.24704-1.24873. At the moment, the pair is trading lower, indicating the strength of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.24712-1.24831. At the moment, the pair is trading lower, indicating the strength of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 25.09.2019.

• Quotation of the higher boundary of the zone 1/4-1.24331.

• Quotation of the higher boundary of the zone 1/2-1.25171.

• Intraday objectives: update the lows from 25.09.2019-1.23436.

• Medium-term objectives: test the higher bound of WCZ-1.22501.

• Trading recommendations: sells from the range of favorable prices 1.24331-1.25171 in the formation of a reversal pattern.

• Sell: 1.24331-1.25171, Take Profit 1-1.23436, Take Profit 2-1.22501.

• 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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