Rebuy GBPUSD from 1.23870. | 17 September 2019
17 September 2019, GBP/USD
Technical Observation
Yesterday, GBPUSD retraced back to the lowerside but failed to break below 1.23870, we're waiting for a perfect pullback towards this line to pick a low risk buy with our stop loss below 1.22725. On this chart, the only key lines to look for include 1.23870, 1.22529-1.22340, if the price approaches any of these lines then that will act either as a good buy in case the price bounces off of it, or in case the price breaks below it, then that will be a good place to look for sell orders towards 1.22529.
Trade Recommendations:
Rebuy GBPUSD from 1.23870.
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.
