Look for buy orders towards 1/2210 | 05 September 2019
05 September 2019, GBP/USD
Technical Observation
Yesterday, GBOUSD rallied intensely to the upperside and even went above the level 1/2210. While the price is contained above this level and also above the alligator trend indicator marked above, I expect a possible momentum further to the upperside, this pair is in an active up trend and chances of continuing to the upperside are very high. I therefore recommend looking for low risk buy orders towards 1.2210, with your stop losses below 1.2175 and take profit at 1.2300. A break below 1.2175 will mean we're continuing to the lowerside.
Trade Recommendations|
Look for buy orders towards 1/2210
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.
