Talking Points:
The GBPUSD is in consolidation zone and might be continue it’s upward consolidation for near future. Daily close above resistance level of 1.5610 will open a door will challenge 1.5640 and 1.5700 resistance. On alternate, break of current support at 1.5574 will find support near 1.5537 and 1.5515.
On Elliottwave view, we are holding temporary bullish view as part of correction label of wave (a)-(b)-(c) and our primary target will be 1.5730, while daily close above the bearish channel at 1.5610 will boost our confidence.
As per our previous post, we are long from 1.5510 level for primary target for 1.5720; while we moved our stoploss to 1.5536 level. Once, we reach our first target, we will close half position and leave half for more momentary gain. To receive instance trade update and analysis, please follow us on twitter handle hoagtrading
- GBPUSD Technical Strategy: Bullish
- Support: 1.5574, 1.5537, 1.5515
- Resistance: 1.5615, 1.5640, 1.5705
The GBPUSD is in consolidation zone and might be continue it’s upward consolidation for near future. Daily close above resistance level of 1.5610 will open a door will challenge 1.5640 and 1.5700 resistance. On alternate, break of current support at 1.5574 will find support near 1.5537 and 1.5515.
On Elliottwave view, we are holding temporary bullish view as part of correction label of wave (a)-(b)-(c) and our primary target will be 1.5730, while daily close above the bearish channel at 1.5610 will boost our confidence.
As per our previous post, we are long from 1.5510 level for primary target for 1.5720; while we moved our stoploss to 1.5536 level. Once, we reach our first target, we will close half position and leave half for more momentary gain. To receive instance trade update and analysis, please follow us on twitter handle hoagtrading
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.