20 January 2020, GBP/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30252-1.31254. At the moment, the pair is trading lower, indicating the strength of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.30529-1.30689. At the moment, the pair is trading lower, indicating the strength of sellers.
• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 14.01.2020.
• Quotation of the lower boundary of the zone 1/4-1.30514.
• Quotation of the lower boundary of the zone 1/2-1.31474.
• Intraday objectives: update the lows from 14.01.2020-1.29554.
• Medium-term objectives: test the higher bound of WCZ-1.29054.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.30514-1.31474, Take Profit 1-1.29554, Take Profit 2-1.29054.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)