EN

GBPUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairGBPUSD
Publication Time8/7/24 7:41 AM
Direction Sell
Status Closed (1.2730)
7:41
7:41
Aug. 7, 2024
Forecast
-30 p
1.2730
Stop Loss
1.2700
Entry
+35 p
1.2665
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. MVP line is above the price and acts as a resistance level.
  3. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
  4. The SLC indicator displays a cluster of Stop Losses and Stop orders straight at the previous low level, which according to our forecast, is good for placing Take Profit.
    index: 1x 0.039922952651978s
t_/pages/forecast: 1x 0.036504030227661s
t_/common/header-new: 1x 0.023501873016357s
t_/common/head: 1x 0.019243955612183s
t_/common/footer-new: 1x 0.0034260749816895s
router_page: 1x 0.0024089813232422s
router: 1x 0.00077700614929199s
t_/popups/on-download: 1x 0.00066304206848145s
t_/common/cookie-banner: 1x 0.00047612190246582s
service-routes: 1x 0.0003058910369873s
t_/blocks/sidebar-afil: 1x 0.00022196769714355s
router_redirection: 1x 0.00016880035400391s
t_/popups/zoom: 1x 3.4809112548828E-5s
----- END OF DUMP (2026-01-24 16:59:01)  -----