11 May 2023, GBP/USD
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.24100-1.24600. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.24300-1.24500 and 1.26050-1.26250. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 10.05.2023.
• Quotation of the higher boundary of the zone 1/4 - 1.25692.
• Quotation of the higher boundary of the zone 1/2 - 1.24570.
• Intraday objectives: update the highs from 10.05.2023-1.26812.
• Medium-term objectives: test the lower bound of SWCZ-1.27132.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.24570-1.25692, Take Profit 1-1.26812, Take Profit 2-1.27132.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)