25 Noviembre 2020, GBP/USD
Technical observation
GBP is trading above a line 1.3279 it recently penetrated above with an increasing bearish bias. This bearish movement is a retracement to the level 1.3279 and I expect a loss of it at the same line for a momentum to the upper side. My advice wait for a correction to the line 1.3279 and a rejection at it to buy GBP with your take profit at 1.3604 and stop loss at 1.3117. In case of a clear breakout above the line 1.3604 with a big green candle, wait for a retracement to it and a bounce confirming further bullish movements of price before you continue long with this pair towards the upper resistance level 1.3985.
Trade recommendation
Wait for a correction to 1.3279 and a bounce to buy GBP.
en 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 