Flat | 11 Agosto 2020

11 Agosto 2020, GBP/USD

Flat

Technical observation

GBP is trading with an increasing bullish momentum below a resistance zone 1.3130-1.3097; I expect a correction to the supportive zone 1.2627-1.2603 followed by a bounce within it to pick long position, however, this pair could fail to pull back to the supportive zone mentioned above and break above the resistance zone 1.3130-1.3097 with a big green candle. Right now, remain flat and wait for a correction to 1.2627-1.2603 and a bounce to buy GBP with your take profit at 1.3097 and stop loss at 1.2453. In case of a breach above 1.3130-1.3097 with a big green candle, wait for a correction before you buy GBP.

Trade recommendation

Remain flat.

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