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Forex currency market GBPUSD forecast trading plan for 04/20/2020

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GBPUSD pair analytics based on round levels, price channels and modified wave analysis.

GBPUSD Technical Review


The general trend in the GBPUSD pair is upward. The descending truncated design of the H4 level ended with the penetration of the inclined channel. On the Awesome Oscillator indicator, Bullish divergence has formed. A break of the round minor level 1.2520 will give the formation of an ascending wave structure within the framework of the ascending structure (wave C) of level H12.

 

 

 

GBPUSD rate online .


GBPUSD Trading Plan:

For traders, buying a pair of GBPUSD on breaking a round minor level of 1.2520.

Stop Loss - 1.2406.

Target levels - 1.2643; 1.2750

 

 

Grand Capital Analytics

 

Analytical reviews and comments on them reflect the subjective opinion of the authors and are not a recommendation for trading. Forex Special is not responsible for possible losses in case of using review materials.

 

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