Remain long towards 1.3535 | 14 December 2017

14 December 2017, GBP/USD

Remain long towards 1.3535
Technical Observation:
Yesterday, my buy limit order was opened when the price bounced from 1.3302-1.3284. Now, I expect further rise and should break above 1.3535 or even higher. On the way upwards, the key lines to look for include 1.3475, 1.3525 and 1.37. a breach above these lines will push the price further upwards with my final take profit being 1.40. As it is, only a long position can be advised with the first take profit at 1.3535 and the next at 1.40. At the moment, I cannot advocate for a sell order
Technical Levels
Resistance levels
R1: 1.3407
R2: 1.3466
R3: 1.3655
Pivot
1.3436
Support Levels
S1: 1.2963
S2: 1.3156
S3: 1.3212
Trade Signal
Remain long towards 1.3535

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus