Declining towards 1.2752 | 09 Agosto 2017

09 Agosto 2017, GBP/USD

Declining towards 1.2752

Technical Observation

GBp declined even further despite the previous forecast that it could rise upwards. The price could fall further low towards the support line 1.2752, thus, if you were stopped of on a previous buy position, you could wait and buy Gbp around 1.2752. Alternatively, you could place a pending buy limit order around 1.2752 with a stop loss slightly below 1.2578 and Take profit still fixed at the daily resistance line 1.3461. If 1.3461 is broken, then the price could rise further upwards towards 1.4673.

Technical levels:

Resistance levels

R1: 1.3163

R2: 1.321
R3: 1.3339
Pivot
1.3089
Support Levels
S1: 1.2824
S2: 1.2952
S3: 1.3034
Trade Signal
Place a pending buy limit order around 1.2752

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.