14 Tháng Chín 2021, GBP/USD
Technical observation
GBP is trading with an increasing bullish bias between the supportive zone 1.3804-1.3755 and a resistance line 1.3888. I expect a continuation of this upwards movement to the level 1.3888 followed by either a clear breakout above it with a big green candle, or a rejection at it followed by another retracement to the supportive zone 1.3804-1.3755. If you are currently long with this pair, remain in the trade with your take profit at 1.3888 and stop loss at 1.3777. Should there be a clear penetration above the level 1.3888 with a big green candle, wait for a retracement to the broken line before you continue long with this pair.
Trade recommendation
Remain long with your take profit at 1.3888.
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