26 февраля 2021, GBP/USD
Technical observation
On The weekly chart above, price did not break above the line 1.4249; it bounced at it and is currently trading with an increasing bearish bias. This bearish movement is a correction to the supportive zone 1.3461-1.3409 and I expect a loss of it within the zone to pick long positions. My advice, remain flat with this pair and wait for a correction to the zone mentioned above and a rejection within to buy GBP with your take profit at 1.4249 and stop loss at 1.3055. In case of a clear break above the line1.4249 with a big green candle, you can anticipate a further rise in price towards the line 1.5022.
Trade recommendation
Remain flat.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 