Wait | 14 Septiembre 2020

14 Septiembre 2020, GBP/USD

WaitWait

Technical observation

The general trend for the pair on the 4-hour chart above is downwards. GBP broke below a supportive line 1.2854 with a big red candle and currently price is rallying below the same line with an increasing bullish bias. I expect this movement to continue to the resistance line mentioned above followed by a bounce at it for bearish movement of price. On your way downwards the key levels to look for include; 1.2652, 1.2452 and the lower supportive level 1.2273. My advice, wait for a correction to the line 1.2854 and a bounce at it to sell GBP with your take profit at 1.2652 and stop loss at 1.2944.

Trade recommendation

Wait for a correction to the line 1.2854 to sell GBP with your take profit at 1.2652.

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