We're long | 19 Abril 2021

19 Abril 2021, GBP/USD

We're long

Technical observation

Last week GBP went high as I expected and is still showing signs of rising even higher. Following the clear close above 1.3654, if you went long I would advise you hold on to that position. My expectation is that price should continue rising towards the key level 1.4615 or even higher. As it is on the weekly chart above, only long positions can be recommended towards 1.4615. If you didn’t buy GBP around e key level 1.3654, wait for a minor pullback to the lower side to the supportive zone 1.3654-1.3599 and a rejection within it to pick long positions. I can only recommend short positions below the zone 1.3654-1.3599.

Trade recommendation

Remain long with your take profit at 1.4615.

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