01 February 2021, GBP/USD
Technical observation
On the hourly chart above, GBP broke above the level 1.3739 but was not contained above it, it then went below the same line with a big red candle and is currently trading with an increasing bearish bias. I expect a retracement to the line 1.3739 and a rejection at it to sell GBP with my take profit at 1.3614. If price breaks below the level 1.3614, I expect the value of this pair to plummet further to lower side towards the supportive level 1.3526, or even lower to the supportive zone 1.3447-1.3438. Right now as it is on the chart above, remaining neutral withy this pair is ideal than picking any position.
Trade recommendation
Remain flat.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 