GBPUSD – Flat
Long-term trend: temporary uncertainty. 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 lower, indicating the weakness of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located at the quote 1.25683. At the moment, the pair is trading lower, indicating the weakness of sellers. The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 03.01.2019. Quotation of the lower boundary of the zone 1/4 – 1.25217, quotation of the lower boundary of the zone 1/2 – 1.26171. Intraday objectives: update the lows from 03.01.2019 – 1.24274, medium-term objectives: test the higher bound of GWCZ – 1.22407. Trading recommendations: Sells from a range of favorable prices 1.25217–1.26171 in the formation of a reversal pattern.
Sell: 1.25217–1.26171, Take Profit 1-1.24274, Take Profit 2-1.22407.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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