02 July 2021, GBP/USD
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.41072-1.41203. At the moment, the pair is trading lower, indicating the strength of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.38978-1.39126. 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 02.07.2021.
• Quotation of the lower boundary of the zone 1/4-1.38371.
• Quotation of the lower boundary of the zone 1/2-1. 1.39231.
• Intraday objectives: update the lows from 02.07.2021-1.37511.
• Medium-term objectives: test the higher bound of SWCZ - 1.35631.
• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.38371-1.39231, Take Profit 1-1.37511, Take Profit 2-1.35631.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone) • SWCZ (silver weekly control zone)