19 tháng Tám 2022, GBP/USD
Technical observation
GBP broke below the supportive level 1.2001 with a big red candle then rallied further downwards for a while, currently it is trading with an increasing bullish bias and I expect a continuation of this upwards movement towards the just broken line. The expected bullish movement of price is a correction to the line 1.2001 and I expect a rejection of price at it to sell GBP with my take profit at 1.1876 and stop-loss at 1.2049. In case of a clear breakout below the level 1.1876, I expect the value of GBP to plummet further towards the supportive level 1.1759. I can only recommend long positions above the level 1.2001.
Trade recommendation
Remain flat.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 