25 Tháng Mười 2023, GBP/USD
Technical observation
GBP is trading with an increasing bearish bias between the supportive level 1.1702 and a resistance zone 1.2635-1.2589; today I expect a possible momentum to the zone indicated above followed by a bounce within it. My advice, remain flat and wait for a correction to the zone1.2635-1.2589 then pick short positions within it with your take profit at 1.1702 and stop-loss at 1.2849. If the price descends below the level 1.1702, I expect it to plunge further to the lower side towards the key level 1.0363 or lower, contrary, I anticipate a surge towards level 1.3610 or higher should the price break above the zone 1.2635-1.2589.
Trade recommendation
Wait for a pullback to the zone 1.2635-1.2589 to sell GBP.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 