Wait | 30 Octubre 2018

30 Octubre 2018, GBP/USD

Technical observation

GBP/USD is still rallying towards the support 1.2693 and I expect either a clear breakout below it with a big red candle or a rejection at it followed by a correction to the zone 1.3317-1.3281.In case of a correction to 1.3317-1.3281, wait for a rejection within it then to re-sell this pair with your take profit at 1.2693 and stop loss slightly above 1.3317 and in case there’s no rejection within the above mentioned zone but a clear penetration above it with a big green candle, I’ll wait for a confirmation of bullish movement of GBP before I buy this pair. Should there be a breakout below 1.2693, wait for a retracement to it before you sell GBP.

Technical levels

Resistance levels

R1.1.2855

R2.1.2881

R3.1.2946

Pivot

1.2818

Support levels

S1.1.279

S2.1.2751

S3.1.2686

Trade signal

Wait for either a correction to 1.3317-1.3281 or a breakout below 1.2693 to sell GBP.

Do you know against which currencies GBP is the most profitable?

More trading assets here...

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus