Main Quotes Calendar Forum
flag

FX.co ★ GBP/USD 11.11.2019 - The breakout of the Pitchfork downward channel, GBP is aproaching our main target at 1.29870

parent
Forex Analysis:::2019-11-11T13:23:07

GBP/USD 11.11.2019 - The breakout of the Pitchfork downward channel, GBP is aproaching our main target at 1.29870

GBP has been trading upwards exactly what I expected last week. The price is on the way to reach our main target at 1.2970. Momentum is strongly bullish and you should focus on buying on the dips and moving stop loss on the breakeven from our recent long entry.

GBP/USD 11.11.2019 - The breakout of the Pitchfork downward channel, GBP is aproaching our main target at 1.29870

The price did break the upper Pitchfork trend line and confirm further upside continuation from the larger time-frame traders.

Resistance levels are set at the price of 1.2970 and 1.3000. Support level is set at 1.2830.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...