Still sellers dominating | 16 August 2018

16 August 2018, GBP/USD

Wait for a clear buy
Technical Observation
GBP is currently rallying around 1.2715. Yesterday, GBP declined steadily and is still showing signs of continuing even lower. While the price is below the line 1.2738, I expect a spike to the lowerside with my ideal take profit at 1.2117. On its way to the lowerside the key lines to look for include 1.2445, 1.2262, and 1.21. If these lines are clearly broken, then I expected further bearish momtum. As it is, only sell position looks ideal, but should the price break above 1.2738, then this could offer me a good buy place.
Trade Signal.
Still sellers dominating

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
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 .