Remain bearish with your take profit 1.1484 | 27 Marzo 2023

27 Marzo 2023, GBP/USD

Remain bearish with your take profit 1.1484

Technical observation

GBP pulled back to the resistance zone 1.2365-1.2416 then bounced within it and it is currently trading with an increasing bearish bias, as long the price is sustained below the zone I have indicated above I expect a continuation of this bearish movement and if you sold this pair within the zone 1.2365-1.2416 after a bounce I recommend you remain in the trade with your take profit at 1.1484 and stop-loss at 1.2777. If there is a clear break below the level 1.1484, I expect the price to plummet towards the supportive level 1.0363; on the other hand, in case of a break above the zone 1.2365-1.2416, I expect bullish movements towards 1.3610.

Trade recommendation

Remain bearish with your take profit 1.1484.

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