Resell GBPUSD from 1.24144. | 26 September 2019
26 September 2019, GBP/USD
Technical Observation
GBPUSD is currently in an active downtrend. While the price is contained below the 3 simple movineg averages acting as the components of the Alligator trend Indicator, I expect a possible momentum to the lowerside with my first take profit being 1.23390 and the next at 1.2246. This is only true while the price is below the alligator trend indicator and also below 1.24144, should price successfully close above 1.24144, then this will mean we're heading to the upperside towards 1.25019.
Trade Recommendations:
Resell GBPUSD from 1.24144.
TRADE METALS WITHOUT SWAPS!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.
