GBPUSD – Flat
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26322-1.26668. At the moment, the pair is trading higher, indicating the strength of buyers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.26378-1.26923. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 31.12.2018. Quotation of the higher boundary of the zone 1/4 – 1.27176, quotation of the higher boundary of the zone 1/2 -1.26218. Intraday objectives: update the highs from 31.12.2018 – 1.28145, medium-term objectives: test the lower bound of WCZ – 1.28596. Trading recommendations: Buys from a range of favorable prices 1.26218–1.27176 in the formation of a reversal pattern.
Buy: 1.26218–1.27176, Take Profit 1-1.28145, Take Profit 2-1.28596.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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