Long Gbp now | 14 November 2017

14 November 2017, GBP/USD

Technical Observation:
Gbp is still stagnating above the support line 1.3138 despite the previous analysis that it could rise towards 1.4373. This, 1.3138, is a key weekly support line and unless there's a clear bearish breakout below it with a big red candle, I expect a rise in price towards 1.4373. In my opinion, now is the best time to long Gbp with your stop loss below the red dotted line and take profit at 1.4373
Technical Levels
Resistance levels
R1: 1.3261
R2: 1.3331
R3: 1.3502
Pivot
1.3159
Support Levels
S1: 1.2817
S2: 1.2988
S3: 1.3089
Trade Signal
Long Gbp now towards 1.4373

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