GBPUSD – Flat
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.23882-1.24236. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.22670-1.23009 and 1.23912-1.24228. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 14.12.2022.
• Quotation of the higher boundary of the zone 1/4 – 1.23352.
• Quotation of the higher boundary of the zone 1/2 – 1.22232.
• Intraday objectives: update the highs from 14.12.2022-1.24471.
• Medium-term objectives: test the lower bound of SWCZ-1.26861.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.22232-1.23352, Take Profit 1-1.24471, Take Profit 2-1.26861.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
