Still long | 23 Enero 2020

23 Enero 2020, GBP/USD

Technical observation

After a rejection within the supportive zone this pair established around 1.2984-1.2948, GBP has been rising steadily towards a key resistance level 1.3516. I still expect more of this bullish price rally today to the level marked 1.3516 followed by a possible penetration above it. If you bought GBP within 1.2984-1.2948 after a bounce, remain in the trade with your take profit at 1.3516 and stop loss at 1.2818. As long as price is contained above the supportive zone mentioned above only bullish price movements can be expected, bearish momentum of GBP may be anticipated in case of a penetration below 1.2984-1.2948.

Trade recommendation

Remain long with your take profit at 1.3516.

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