Wait | 10 Febrero 2023

10 Febrero 2023, GBP/USD

Technical observation

GBP is pulling back to the supportive zone 1.1690-1.1623 and I expect either rejection of price within this zone or a clear break below it with a big red candle. My advice, remain neutral and wait for pullback to the zone indicated above then buy GBP within it with your take profit at 1.2650 and stop-loss at 1.1255. In case of a break above the level 1.2650, wait for a correction and a bounce at it before you continue long towards the key levels 1.3610 and 1.4376, on the other hand, should there be a clear break below the zone 1.1690-1.1623, you can expect the price to descend towards the supportive level 1.0363 or lower.

Trade recommendation

Remain flat.

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.