We are neutral | 14 Febrero 2023

14 Febrero 2023, GBP/USD

Technical observation

GBP is trading with an increasing bullish bias between the supportive zone 1.1690-1.1623 and a resistance level 1.2650, my expectation is either a loss of this upward movement followed by a correction to the zone mentioned above, or a rise to the key level 1.2650 followed by either a rejection or a clear break above it with a big green candle. In case of a pullback to the zone I have indicated above, pick bullish positions within it with your take profit at 1.2650 and stop-loss at 1.1333, and should there be a clear penetration above the level 1.2650, I anticipate further bullish movements towards the resistance levels 1.3610 and 1.4376.

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.