Sell a break below 1.20219 | 14 August 2019
14 August 2019, GBP/USD
Technical Observation
GBPUSD is currently trading within the daily low, 1.20219 and the 76.4 % fib level. Today and possibly in the next few days, I expect GBPUSD to remain within a range not going above 1.21072 and 1.20219. A bounce from 1.21072 will mean looking for a sell order while a bounce from 1.20219 will mean looking for buy order. And should price break below 1.20219, then this will be a good place to look for long term sell orders with good take profit levels set at 1.20030 and 1.19 respectively.
Trade Signal.
Sell a break below 1.20219
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.
