07 January 2020, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30943-1.31311. 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 1.31096-1.31266. At the moment, the pair is trading higher, indicating the strength 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 31.12.2019.
• Quotation of the higher boundary of the zone 1/4-1.31906.
• Quotation of the higher boundary of the zone 1/2-1.30946.
• Intraday objectives: update the highs from 31.12.2019-1.32866.
• Medium-term objectives: test the lower bound of WCZ-1.32986.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.30946-1.31906, Take Profit 1-1.32866, Take Profit 2-1.32986.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)