empty
 
 
21.10.2020 01:36 PM
Trading plan for GBPUSD for October 21, 2020

This image is no longer relevant

Technical outlook:

GBPUSD had reached 1.3070/80 levels over the past week before reversing. The Cable currency pair is seen to be trading at around 1.3050 levels at this point in writing and might test 1.3100 levels before finding resistance again. Potential remains for a push towards 1.3150/1.3200 levels as well, before reversing lower again. Immediate resistance is seen towards 1.3500, while support is around 1.2675 levels respectively. The boundary on daily chart that is being worked upon is between 1.1414 and 1.3500 respectively. Also note that fibonacci 0.618 retracement of the entire rally is seen towards 1.2200 levels, hence high probability remains for a bullish bounce if prices manage to reach there. Over the next few trading sessions, please watch out for a bearish reversal from around 1.3100/75 zone.

Trading plan:

Remain short, stop above 1.3500, target is open.

Good luck!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $9000 lebih banyak!
    Pada Mei kami mengundi $9000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback