Buy from 1.32336 | 25 June 2018
25 June 2018, GBP/USD
Technical Observation:
Gbp is currently trading within a range 1.33093-1.32336. While the price is within this range, I choose to trade reversals, and should the price break out to the upper side, then I'll look for an upward position with my take profit at 1.34593. and on the lower side, in case of a break below 1.32336, then this will be a good place to sell Gbp towards 1.31180 or even lower. On its way downwards, the key line to check for include 1.32000 and 1.31150.
Technical Levels
Resistance levels
R1: 1.3354
R2: 1.3442
R3: 1.3656
Pivot
1.3229
Support Levels
S1: 1.281
S2: 1.3015
S3: 1.3145
Trade Signal
Buy from 1.32336
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
