18 Abril 2019, GBP/USD
Technical observation
On the hourly chart above, price went down towards 1.3006 as predicted but did not reach it, it is currently retracing to the resistance zone 1.3069-1.3064 and I expect a rejection of it within the zone for bearish price rally towards 1.3006 and a possible break below it for a further decline in value of GBP, my advice, wait for a correction to 1.3069-1.3064 and a rejection within it to re-sell GBP with your take profit at 1.3006 and stop loss at 1.3088, should there be a breakout above 1.3069-1.3064, wait for a correction to the just broken zone and a bounce within it to confirm possible bullish price rally before you pick long positions.
Trade recommendation
Wait for a correction to 1.3069-1.3064 to re-sell GBP with your take profit at 1.3006 and stop loss at 1.3088.
en 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 