Wait | 15 August 2018

15 August 2018, GBP/USD

Wait for a clear buy
Technical Observation
GBP is currently rallying around 1.2708. As I mentioned yesterday unless the price is clearly below the daily support line 1.2738, I'm patiently waiting for a breach below it to pick a long term short position with an ideal take profit at 1.2112. If you're not short already wait for a breakout below this level to pick a short position. ON the other side, should the price get back above 1.2734, then this will be a good place to look for a long term long position with the first take profit at 1.3483 and the next at 1.4352. Alternatively, you could be flat and wait for a break below 1.27.
TRade Signal.
wait

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Login
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 .