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GBPUSD: temporary uncertainty.

GBPUSD: temporary uncertainty. | 26 December 2018

26 December 2018, GBP/USD

Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26205-1.26656. At the moment, the pair is trading higher, indicating the weakness of sellers.GBPUSD: temporary uncertainty. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.26502-1.26690. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 24.12.2018. Quotation of the higher boundary of the zone 1/4 - 1.26422, quotation of the higher boundary of the zone 1/2 -1.25474. Intraday objectives: update the highs from 24.12.2018 - 1.27388, medium-term objectives: test the lower bound of SWCZ - 1.28604.GBPUSD: temporary uncertainty. Trading recommendations: Long-term and medium-term trends in different directions, I recommend to refrain from entering the transaction.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

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James Hoggarth
Analyst of FreshForex
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