Sell a break below 1.20219 | 14 August 2019

14 August 2019, GBP/USD

Sell a break below 1.20219

Technical Observation

GBPUSD is currently trading within the daily low, 1.20219 and the 76.4 % fib level. Today and possibly in the next few days, I expect GBPUSD to remain within a range not going above 1.21072 and 1.20219. A bounce from 1.21072 will mean looking for a sell order while a bounce from 1.20219 will mean looking for buy order. And should price break below 1.20219, then this will be a good place to look for long term sell orders with good take profit levels set at 1.20030 and 1.19 respectively.

Trade Signal.

Sell a break below 1.20219

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .