GBPUSD – Flat
Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26205-1.26656. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.26443-1.26628. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 12.12.2018. Quotation of the lower boundary of the zone 1/4 – 1.25727, quotation of the lower boundary of the zone 1/2 -1.26676. Intraday objectives: update the lows from 12.12.2018 – 1.24768, medium-term objectives: test the higher bound of SWCZ – 1.23055. Trading recommendations: The volume of the long-term trend prevents entry into the transaction, I recommend refraining from new positions or Sells from a range of favorable prices 1.25727-1.26676 in the formation of a reversal pattern.
Sell: 1.25727–1.26676, Take Profit 1-1.24768, Take Profit 2-1.23055.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
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