GBPUSD: medium-term buys of the pair. | 15 января 2019
15 января 2019, GBP/USD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26375-1.26723. At the moment, the pair is trading higher, indicating the strength of buyers.
Medium-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.27339-1.27689. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 14.01.2019.
Quotation of the higher boundary of the zone 1/4-1.28345.
Quotation of the higher boundary of the zone 1/2-1.27379.
Intraday objectives: update the highs from 14.01.2019-1.29291.
Medium-term objectives: test the lower bound of GWCZ-1.30020.
Trading recommendations: buys from the range of favorable prices 1.27379-1.28345 in the formation of a reversal pattern.
Buy: 1.27379-1.28345, Take Profit 1-1.29291, Take Profit 2-1.30020.
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