Buy GBP towards 1.3200 | 22 August 2018
22 August 2018, GBP/USD
Technical Observation
Just as I said previously, while the price is above the two Simple Moving Averages, I expect nothing but a rise towards 1.3115. If you are in a long position based on the other days analysis, you can still look for long positions now after a retracements towards 1.2820. O its way upwards, the key lines to look for include 1.2965, 1.2995 and 1.3115. If these lines are broken, then further rise towards 1.3230. On the contrary, only a descend below 1.2715 will attract a long term short position.
Trade Signal.
Buy GBP towards 1.3200
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.
