Buy Gbp around 1.2941 | 07 Noviembre 2017

07 Noviembre 2017, GBP/USD

Buy Gbp around 1.2941
Technical Observation:
Despite the bearish pin seen last week, Gbp continues to rise upwards and will continue to rise. Beneath the close of this pin, is a key support line 1.2941, and unless there's clear breakout below it, I expect this line to shield any penetration. Thus, If the price can drop perfectly to this line, then this will be a good place to long Gbp towards 1.3460. My advice, remain flat and buy Gbp around 1.2941.
Technical Levels
Resistance levels
R1: 1.3736
R2: 1.4075
R3: 1.4829
Pivot
1.3323
Support Levels
S1: 1.1812
S2: 1.2566
S3: 1.2982
Trade Signal
Buy Gbp around 1.2941 towards 1.3490.

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.