GBPUSD: medium-term buys of the pair | 24 June 2019

24 June 2019, GBP/USD

Long-term trend: temporary uncertainty. New contract!!! The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26863-1.27139. At the moment, the pair is trading higher, indicating the strength of buyers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations котировкам 1.26900-1.27025. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 24.06.2019. Quotation of the higher boundary of the zone 1/4-1.26735. Quotation of the higher boundary of the zone 1/2-1.25888. Intraday objectives: update the highs from 24.06.2019-1.27553. Medium-term objectives: test the lower bound of WCZ-1.28419. Trading recommendations: buys from the range of favorable prices 1.25888-1.25735 in the formation of a reversal pattern.

Buy: 1.25888-1.25735, Take Profit 1-1.27553, Take Profit 2-1.28419.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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