Wait and rebuy GBPUSD from 1.21885. | 23 Agosto 2019

23 Agosto 2019, GBP/USD

Wait and rebuy GBPUSD from  1.21885.

Technical Observation

On the chart, the key zone to look for is 1.22185-1.21885, this is a key turn coat support and while the price is contained above it, we expect a momentum to the upperside. Following the rise above 1.22185, we're waiting for retracement back to the same level to pick a long term buy position with our take profit at 1.22785. A break above this take profit will mean we're continuing to the upperside with next ideal take profit at 1.254654. On this chart, only a break below 1.21735 will attract a long term sell order.

Trade Recommendations:

Wait and rebuy GBPUSD from 1.21885.

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.