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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 Time9/17/24 8:09 AM
Direction Buy
Status Closed (1.3170)
8:09
8:09
Sep. 17, 2024
Forecast
+45 p
1.3255
Target 1
1.3210
Entry
-40 p
1.3170
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
  3. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
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