05 Tháng bảy 2021, GBP/USD
Technical observation
Just like EUR, GBP is retracing to a supportive zone it established at 1.3661-1.3599, price is currently trading with an increasing bearish bias above the zone I have mentioned above and I expect a loss of this downwards movement within it for a possible upwards movements of price. My advice, remain neutral temporarily and wait for a bounce within the zone 1.3661-1.3599 to buy GBP with your take profit at 1.4615 and stop loss at 1.3349. If price is not sustained above the zone 1.3661-1.3599 and instead penetrated below it with a big red candle, I expect it to plummet to the lower side towards the supportive level 1.2655.
Trade recommendation
Remain neutral temporarily.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 