02 Tháng hai 2021, GBP/USD
Technical observation
On the chart above, price retraced to a trend line 57914 but did not break below it, it bounced at it and is currently trading with an increasing bullish bias. I expect this upwards movement to continue to the upper trend line 57967 followed by either a clear breakout above it with a big green candle, or a rejection at it for another correction to the line 57914. If you bought GBP at 57914 after a bounce, remain long with your take profit at 57967 and stop loss at 1.3607. In case of a breakout below line 57914 with a big red candle, I expect a retracement to it followed by a possible surge in price to the supportive level 1.3465.
Trade recommendation
Remain long with your take profit a 57914
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 
cn 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
