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 0.027831077575684s
t_/pages/forecast: 1x 0.026405096054077s
t_/common/header-new: 1x 0.016518115997314s
t_/common/head: 1x 0.013776779174805s
t_/common/footer-new: 1x 0.0032930374145508s
t_/popups/on-download: 1x 0.0007328987121582s
router_page: 1x 0.0006868839263916s
router: 1x 0.00058603286743164s
t_/common/cookie-banner: 1x 0.00030398368835449s
service-routes: 1x 0.00023579597473145s
t_/blocks/sidebar-afil: 1x 0.00021982192993164s
router_redirection: 1x 0.00013494491577148s
t_/popups/zoom: 1x 2.288818359375E-5s
----- END OF DUMP (2026-02-21 10:50:02)  -----