09 ноября 2018, GBP/USD
Technical observation
GBP/USD is declining steadily towards the key supportive zone 1.3027-1.3013 and I expect nothing but a rejection within it followed by bullish momentum towards 1.3243, I’m looking to long this pair within 1.3027-1.3013 with my take profit at 1.3243 and stop loss slightly below 1.3013.In case of a clear break above 1.3243, wait for a correction to the just broken line to confirm possible further bullish momentum of price before you continue long with this pair. Should there be a clear breach below 1.3027-1.3013 with a big red candle, wait for a retracement to it before you pick short positions towards the support 1.2910.
Trade recommendation
Pick long positions within 1.3027-1.3013 towards 1.3243.
Do you know against which currencies GBP is the most profitable?
More trading assets here...
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 