Buy a breakout above 1.30450. | 19 Noviembre 2019

19 Noviembre 2019, GBP/USD

Buy a breakout above 1.30450.

Technical Observation

After breaking above 1.27276, GBPUSD continued to the upper side before pulling back to the same zone, the fact that this pair could not break below 1.27276 after breaking above it, is a clear sign that buyers are in control, this pair however, is currently approaching a key resistance level 1.29665, this is a key level and in case the price does not clear breakout and close above it, we choose to remain on the sidelines, our expectations is that the price should continue even higher after violating 1.30450 to the upperaside.

Trade Recommendations:

Buy a breakout above 1.30450.

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