02 Agosto 2023, GBP/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26700-1.27300. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.28370-1.28600. At the moment, the pair is trading lower, indicating the strength of sellers.
• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 01.08.2023.
• Quotation of the lower boundary of the zone 1/4-1.28409.
• Quotation of the lower boundary of the zone 1/2-1.29409.
• Intraday objectives: update the lows from 01.08.2023-1.27409.
• Medium-term objectives: test the higher bound of GWCZ - 1.25428.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.29409-1.29409, Take Profit 1-1.27409, Take Profit 2-1.25428.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)