Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

0

No products in the cart.

Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

GBP/USD analysis for September 28, 2018

September 28, 2018 Analytics

[ad_1]

analytics5bae219d185c9.png

Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.3025 and met my first target. According to the H1 time – frame, I found end of the upward correction in the background and the breakout of support trendline, which is a sign that sellers are in control. I also found a successful re-test of resistance after the breakout, which is another sign of weakness. Watch for selling opportunities on the rallies. The downward targets are set at the price of 1.2960 and at the price of 1.2900.

Trading recommendations for today: watch for potential selling opportunities.

The material has been provided by InstaForex Company – www.instaforex.com

[ad_2]

Source link

Write a comment