Expecting a surge to the level 1.3157 | 10 Febrero 2022

10 Febrero 2022, GBP/USD

Technical observation

On the chart above the value of the previous candle declined as I had predicted and today I expect it to surge further downwards. If you sold GBP within the zone 1.3610-1.3582, remain short with your take profit at 1.3157 and stop loss at 1.3744. Should there be a clear breakout below the supportive level 1.3157 with a big red candle, I expect the value of this pair to plummet further towards the level 1.2688. If GBP is not contained below the zone 1.3610-1.3582 but clearly breaks above it with a big green candle, wait for a retracement to the broken zone then buy a bounce within it with your take profit at 1.3966.

Trade recommendation

Remain short with your take profit at 1.3157.

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.