Remain bullish towards 1.3888 | 14 Septiembre 2021

14 Septiembre 2021, GBP/USD

Remain bullish towards 1.3888

Technical observation

GBP is trading with an increasing bullish bias between the supportive zone 1.3804-1.3755 and a resistance line 1.3888. I expect a continuation of this upwards movement to the level 1.3888 followed by either a clear breakout above it with a big green candle, or a rejection at it followed by another retracement to the supportive zone 1.3804-1.3755. If you are currently long with this pair, remain in the trade with your take profit at 1.3888 and stop loss at 1.3777. Should there be a clear penetration above the level 1.3888 with a big green candle, wait for a retracement to the broken line before you continue long with this pair.

Trade recommendation

Remain long with your take profit at 1.3888.

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.