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ForecastCity_ME
Nov 26, 2021 10:48 AM

💡Don't miss the great buy opportunity in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3309).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 49.

Take Profits:
TP1= @ 1.3330
TP2= @ 1.3353
TP3= @ 1.3386
TP4= @ 1.3419
TP5= @ 1.3450

SL= Break below S2

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Comments
Sophi2018
Very nice chart.
ForecastCity_ME
@Sophi2018, Thank you for your comment.
davidgolandak
Good work! 👍 Nice idea.
ForecastCity_ME
@davidgolandak, Thank you for your comment. We appreciate it. 🌹
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