01 tháng tư 2021, GBP/USD
Technical observation
GBP retraced to a resistance zone it established at 1.3806-1.3786 but did not break above it, price was contained below the zone and is currently trading with an increasing bearish bias. I expect this bearish rally to continue to the supportive level 1.3450 followed by a breakout below it. If you went short with this pair within the zone 1.3806-1.3786 after a bounce, remain short with your take profit at 1.3450 and stop loss at 1.3852. Should there be a penetration below the line 1.3450, you can continue short with this pair after a retracement to the just level. On the chart above, I can only recommend long positions above 1.3806-1.3786.
Trade recommendation
Remain short with your take profit at 1.3450.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 