15 Tháng Mười 2019, GBP/USD
Technical Observation
Earlier today, the Green Moving Average went below the red Moving Average, this is a possible bullish dominance sign. And, while the price is contained above the two Simple Moving averages, I expect a possible momentum to the upperside. On this chart, GBPUSD is in an active up trend, therefore, I recommend looking for buy positions. On its way to the upperside, the key lines to look for include 1.26945, 1.27230 and 1.2864. If these levels are broken, then we'll expect a momentum towards 1.3021.
Trade Recommendations:
Buy GBPUSD with your first take profit at 1.26945.