Buy GBP/USD within 1.3056-1.3025 | 24 September 2018
24 September 2018, GBP/USD
Technical observation
GBP/USD is pulling back to the supportive zone.1.3056-1.3025, I expect a rejection of it within the zone for possible bullish momentum towards 1.3119 and a possible breakout above it for a further rise in price towards 1.3588 or even higher to 1.3999.Wait for the rejection of price within 1.3056-1.3025 to pick long positions with your take profit at 1.3119 and stop loss slightly below 1.3025,on your way upwards the key lines to look for include;1.3119,1.3588 and 1.3999, right now, only long positions look ideal on the daily chart above and can be recommended. Buy GBP/USD within 1.3056-1.3025 towards 1.3119.
Technical levels
Resistance levels
R1.1.3221
R2.1.336
R3.1.3583
Pivot
1.3138
Support levels
S1.1.2998
S2.1.2915
S3.1.2693
Trade signal
Buy GBP/USD within 1.3056-1.3025 towards 1.3119.
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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.
