Sell GBPUSD below 1.24494. | 10 Julio 2019

10 Julio 2019, GBP/USD

Technical Observation

GBPUSD is trading within a contracting wedge formation. The overall trend on this pair is downwards, therefore, in case the price breaks below the level 1.24494, than I advise looking for sell orders towards 1.24250. On this chart, buying or holding on bulls perspective looks very risky and cannot be recommended. But in case the price breakouts above 1.24814, than a confirmation will be required to confirm that the price is in deed upwards , and that should be on a breakout above 1.25030.

Trade Recommendations:

Sell GBPUSD below 1.24494.

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