We're sellers towards the lower trendline. | 15 July 2021
15 July 2021, GBP/USD
Wave Analysis
Just as previously expected, the British pound bounced off from the upper trendline, went straight to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. While the price remains below the upper trendline, we are looking for a possible long term sell position, expecting the price to break below the lower trendline, if you are looking at this chart right now, the best idea will be to focus on long term sell positions, however, if the price should break above the upper trendline, then we will be looking for a possible long term sell position expecting the price rally much higher towards 1.42.
Trade Recommendations:
We're sellers towards the lower trendline.
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.
It’s easy to get the portfolio:
1. Make a deposit of $80 or more until July 30.
2. Send a number of your trading account at school@freshforex.com.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
en 
cn 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 