25 tháng Giêng 2022, GBP/USD
Technical observation
Last week, the pair on the chart above retraced to the supportive zone 1.3435-1.3354 but it could not reach it, this week price opened bearish and I expect a continuation of this downwards movement to the zone I have mentioned above followed by a rejection within it to pick long positions with my take profit at 1.4239 and stop loss at 1.3058. As long as GBP is contained above the zone 1.3435-1.3354, I can only recommend bullish positions for this pair, however, in case of a clear breakout below the same zone with a big red candle, wait for a correction to the broken zone then sell a bounce within it with your take profit at 1.2028.
Trade recommendation
Wait for a correction to the zone 1.3435-1.3354 to buy GBP.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 