Sell GBPUSD towards 1.21509. | 23 May 2019

23 May 2019, GBP/USD

Look for sell towards 1.21509

Technical Observation

GBPUSD is still in an active downtrend. While the price is still protected from rising above 1.27413, I expect a steep decline towards the next weekly support line 1.21509. I took a sell during the previous trading day and is still holding onto a sellers perspective. On the weekly chart attached, I'm waiting for a retracement back towards 1.27413 to pick a low risk sell position towards 1.21509. You could wait for a break below the level 1.25970 to pick a low risk sell order towards 1.21509.

Trade Signal.

Sell GBPUSD towards 1.21509.

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