GBPUSD: medium-term sells of the pair. | 13 April 2022

13 April 2022, GBP/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.31203-1.31370. At the moment, the pair is trading lower, indicating the strength of sellers.GBPUSD: medium-term sells of the pair.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.31135-1.31357. 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 08.04.2022.

• Quotation of the lower boundary of the zone 1/4-1.30668.

• Quotation of the lower boundary of the zone 1/2-1.31528.

• Intraday objectives: update the lows from 08.04.2022-1.29808.

• Medium-term objectives: test the higher bound of WCZ - 1.29518.GBPUSD: medium-term sells of the pair.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 1.30668-1.31528, Take Profit 1-1.29808, Take Profit 2-1.29518.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
Log in
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 .