Look for low risk sells orders with your take profit at 1.19820. | 09 September 2019

09 September 2019, GBP/USD

Look for low risk sells orders with your take profit at 1.19820.

Technical Observation

GBPUSD is in an active downtrend. While the price is contained below the three Moving averages forming parts of the trend indicator attached, we're heading to the bears side, on its way to the lowerside, the key lines to look for include 1.22385, 1.21745, 1.20785 and 1.19820, in case the price breaks below these levels, then further momentum even further to the lowerside is expected with the next ideal take profit at 1.19500. And on the bullish side, should the price break above 1.23345, then I will be looking for buy orders.

Trade Recommendations:

Look for low risk sells orders with your take profit at 1.19820.

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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus