19 сентября 2018, GBP/USD
Technical observation
GBP/USD is still rising towards the resistance line 1.3119,I expect correction to the supportive zone 1.3056-1.3025 followed by a rejection within it for bullish momentum of price towards the 1.3119 and a breakout above it for a further rise towards the resistance 1.3588.If you picked long position within the above mentioned zone, remain long with your take profit at 1.3119 and stop loss slightly below 1.3025.If you had not bought this pair yet, wait for a correction to 1.3056-1.3025 then pick long positions within it with your first take profit at 1.3119 and the next at 1.3588 and your stop loss slightly below 1.3025
Technical levels
Resistance levels
R1.1.3124
R2.1.3178
R3.1.3266
Pivot
1.313
Support levels
S1.1.3036
S2.1.3002
S3.1.2915
Trade signal
Remain long.
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