GBPUSD: medium-term sells of the pair. | 19 июня 2020

19 июня 2020, GBP/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.25224-1.25451. At the moment, the pair is trading lower, indicating the strength of sellers.GBPUSD: medium-term sells of the pair. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.25280-1.25468. At the moment, the pair is trading lower, indicating the strength of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 18.06.2020.

• Quotation of the lower boundary of the zone 1/4-1.25090.

• Quotation of the lower boundary of the zone 1/2-1.26170.

• Intraday objectives: update the lows from 18.06.2020-1.24010.

• Medium-term objectives: test the higher bound of WCZ-1.23810. GBPUSD: medium-term sells of the pair.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 1.25090-1.26170, Take Profit 1-1.24010, Take Profit 2-1.23810.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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