21 сентября 2018, GBP/USD
Technical observation
GBP/USD is rising steadily towards the resistance 1.3319, I expect a bounce of price at it for possible bearish momentum toward 1.3056 or a possible breach above it with a big green candle followed by a correction to it for a possible bullish momentum towards the resistance 1.3588 or even higher to 1.3999.Right now remain flat temporarily and wait for price at 1.3319, should there be a bounce at it, short GBP at it with your take profit at 1.3056 and stop loss around 1.3440,and should there be clear breakout above it, wait for a correction to it before you buy GBP with your take profit at 1.3588 and stop loss around 1.3195.
Technical levels
Resistance levels
R1.1.3124
R2.1.3178
R3.1.3266
Pivot
1.317
Support levels
S1.1.3036
S2.1.3002
S3.1.2915
Trade signal
Remain flat temporarily.
Do you know against which currencies GBP is the most profitable?
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