21 Tháng sáu 2018, GBP/USD
Technical observation
GBP/USD is on a downward trend. Price broke below a support level 1.3305,it retraced to it then went down and is currently still declining towards a support 1.3054.I expect a correction of price to 1.3305 and a rejection of it from the line for possible bearish momentum towards 1.3054 and a breakout below 1.3054 for a further drop in GBP towards 1.2792.If you sold the pair at 1.3305, you can remain in the trade towards 1.3054, if you hadn’t sold it yet, remain flat temporarily and wait for a correction to 1.3305 to short the pair with your ideal target at 1.3054 and stop loss slightly above 1.3305.
Technical levels
Resistance levels
R1.1.3272
R2.1.3299
R3.1.3349
Pivot
1.3249
Support levels
S1.1.3223
S2.1.3199
S3.1.3149
Trade signal
Remain flat temporarily.
101% Double the volume