Buy GBPUSD with your take profit at 1.30. | 18 November 2019
18 November 2019, GBP/USD
Technical Observation
GBPUSD is currently in an active up trend. while the price is contained above the Trend indicator attached, I expect further momentum to the upperside with the next ideal take profit at 1.301 and could breakout even higher. This view will only be rendered futile in case the price ends up breaking and closing below the trend indicator attached, then this will be a good sign that we are heading to the lowerside with the next ideal take profit at 1.2875. On its way to the lowerside, the key line to focus on include 1.2905.
Trade Recommendations:
Buy GBPUSD with your take profit at 1.30.
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.
