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January 2, 2019

Analysis of margin levels - GBPUSD: medium-term buys of the pair.

GBPUSD - Flat

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.26322-1.26668. At the moment, the pair is trading higher, indicating the strength of buyers.GBPUSD: medium-term buys of the pair. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.26378-1.26923. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 31.12.2018. Quotation of the higher boundary of the zone 1/4 - 1.27176, quotation of the higher boundary of the zone 1/2 -1.26218. Intraday objectives: update the highs from 31.12.2018 - 1.28145, medium-term objectives: test the lower bound of WCZ - 1.28596.GBPUSD: medium-term buys of the pair. Trading recommendations: Buys from a range of favorable prices 1.26218–1.27176 in the formation of a reversal pattern.


You may check other analytical reviews on FreshForex website. Source: freshforex.com.

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