empty
 
 
28.10.2020 06:39 AM
Trading plan for GBPUSD for October 28, 2020

This image is no longer relevant

Technical outlook:

GBP/USD has reversed lower after hitting a 1.3175 high last week. GPB/USD is seen to be trading around the 1.3039 level at this point in writing and could rally through the 1.3200 handle. Please note that GBPUSD had hit Fibonacci 0.618 retracement around the 1.3175 level last week before turning lower. Probability remains that a meaningful top is in place. Until price stays above the 1.2870 level, probability also remains for a push towards 1.3200 before reversing lower. The overall structure remains bearish until prices stay below a 1.3500 high as GBPUSD has broken below its March 2020 trend line support. Immediate resistance is seen at 1.3500, while support comes in around 1.2675 respectively. In any case, GBP/USD is poised to turn lower from here or around the 1.3200 handle.

Trading plan:

Remain short, add more @ 1.3200/50, stop W 1.3500

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 $1000 lebih banyak!
    Pada April kami mengundi $1000 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