Remain short towards 1.26781. | 11 Maret 2019
11 Maret 2019, GBP/USD
During the previous trading week, the cable declined steeply and is still very much bearish both on the daily and the weekly charts. As long as the price remains below 1.31820 and above 1.2781, we expect this pair to remain within a range, not going above 1.31820, and below 1.26781. Should price breakout above this lines, then we'll trade a breakout, a break above 1.31820 will mean we're looking for a buy towards 1.45206, then a break below 1.26781, then we'll expect a rally towards 1.19150.
Trade Recommendations:Remain short towards 1.26781.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
