EN

GBPUSD - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairGBPUSD
Publication Time8/12/24 7:54 AM
Direction Buy
Status Closed (1.2790)
7:54
7:54
Aug. 12, 2024
Forecast
+25 p
1.2790
Target 1
1.2765
Entry
-25 p
1.2740
Stop Loss
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-buy-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. MVP line is below the price and acts as a support level.
  3. In the left orderbook, we see a cluster of stop losses and stop orders right at the level of the previous peak. This is a good level for placing take profit according to our forecast.
    index: 1x 0.034330129623413s
t_/pages/forecast: 1x 0.032428979873657s
t_/common/header-new: 1x 0.020850896835327s
t_/common/head: 1x 0.017403125762939s
t_/common/footer-new: 1x 0.0030179023742676s
router_page: 1x 0.00097012519836426s
router: 1x 0.00072789192199707s
t_/popups/on-download: 1x 0.00054502487182617s
t_/common/cookie-banner: 1x 0.00034999847412109s
service-routes: 1x 0.00030016899108887s
t_/blocks/sidebar-afil: 1x 0.00018906593322754s
router_redirection: 1x 0.00017905235290527s
t_/popups/zoom: 1x 1.1920928955078E-5s
----- END OF DUMP (2026-05-14 06:39:05)  -----