Strifor || GBPUSD-Week Starting
Updated
Preferred direction: BUY
Comment: The British currency, like the euro, is considered for purchase this week, but not higher than 1.28000. The most likely scenario №1 assumes a pause and possibly a small downward correction, and only then growth towards the level of 1.28000. The current resistance area at 1.27000 is a difficult obstacle for a buyer, but it is all so surmountable.
In the event of an unsuccessful breakdown of the indicated resistance, one can look for a long entry point near the levels of 1.26500 and 1.26000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The British currency, like the euro, is considered for purchase this week, but not higher than 1.28000. The most likely scenario №1 assumes a pause and possibly a small downward correction, and only then growth towards the level of 1.28000. The current resistance area at 1.27000 is a difficult obstacle for a buyer, but it is all so surmountable.
In the event of an unsuccessful breakdown of the indicated resistance, one can look for a long entry point near the levels of 1.26500 and 1.26000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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Trade closed: target reached
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