Wait and sell Gbp around 1.3276 | 11 October 2017
11 October 2017, GBP/USD
Technical Observation:
As I said on the other day's analysis. Gbp rallied higher yesterday, but could not reach my sell place 1.3276. Unless there's a clear close within or around this line, I remain hesistant to sell Gbp. Should the price rise to this line and then it gets rejected, this will be a good sell place. On the other side, if the price breaks above it, then I expect further rise towards 1.3465 or even higher
Technical Levels
Resistance levels
R1: 1.3211
R2: 1.3302
R3: 1.3445
Pivot
1.3159
Support Levels
S1: 1.2874
S2: 1.3017
S3: 1.306
Trade Signal
Wait and sell Gbp around 1.3276
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
