27 июля 2018, GBP/USD
Technical, observation
GBP/USD is retracing towards the support 1.3076 and I still expect a slight decline in price up to 1.3076.Remain flat temporarily and wait for the correction and rejection of GBP at 1.3076 then long it at the line with your ideal target at 1.3284 and stop loss slightly below 1.3076.I expect a rise in price up to the resistance zone 1.3300-1.3284 and a clear breakout above it with a big green candle followed by a correction to it for a further rise in price towards 1.3462.In case there’s a breach below 1.3076,wait for a pullback to it to confirm bearish movement of price before you enter short positions towards 1.2959.
Technical levels
Resistance levels
R1.1.3158
R2.1.317
R3.1.3193
Pivot
1.3152
Support levels
S1.1.3135
S2.1.3123
S3.1.3099
Trade signal
Remain flat temporarily.
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