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

GBPUSD – Flat

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.22732-1.23079. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.22651-1.22782. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 22.06.2022.

• Quotation of the lower boundary of the zone 1/4-1.22421.

• Quotation of the lower boundary of the zone 1/2-1.23241.

• Intraday objectives: update the lows from 22.06.2022-1.21601.

• Medium-term objectives: test the higher bound of WCZ – 1.20781.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 1.22421-1.23241, Take Profit 1-1.21601, Take Profit 2-1.20781.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

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