Pick long positions within 1.3027-1.3015 | 08 Noviembre 2018

08 Noviembre 2018, GBP/USD

Pick long positions within 1.3027-1.3015

Technical observation

Price is still correcting to the key supportive zone 1.3027-1.3015 and I expect a bounce within it for possible bullish momentum towards the resistance line 1.3243 and a possible breach above it for a further rise in price. I’m looking to buy GBP within 1.3027-1.3015 with my take profit at 1.3243 and stop loss slightly below 1.3015.In case of a break above 1.3243, wait for a correction to it confirming further bullish movement of price before you continue long with this pair. As long as price is contained above 1.3027-1.3015 only long positions can be advisable. Short positions may only be recommended below 1.3027-1.3015 towards 1.2910.

Trade recommendation

Buy GBP within 1.3027-1.3015 with your take profit at 1.3243 and stop loss slightly below 1.3015.

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

Pick long positions within 1.3027-1.3015

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