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Trading idea GBPUSD and analyst forecast today 10/07/2019

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Analytics GBPUSD based on round levels, price channels and altered wave analysis.

7/10/2019 Technical Analysis and Trading idea GBPUSD


The general trend in the pair GBPUSD descending. GBPUSD is trading in the range of 365 and 135 moving averages. 1.2275 support level will break through the formation of the descending structure H1 level within wave (C) descending H12 level design.

 

 

 

GBPUSD trading idea:

GBPUSD traders to sell the pair below 1.2275.

Stop Loss - 1.2350.

Target levels - 1.2209 (closing ½ warrant and the transfer to breakeven); 1.2063 (138.2% F).

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

Views: 175 | Added by: mik | Rating: 0.0/0
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