Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

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

May 21, 2020 12:18:30 PM by Alexander Zorevyk
Forecast Details
Direction Buy
StatusClosed (1.2170)
May 21, 2020

+75 p
Target 2
+55 p
Target 1
-55 p
Stop Loss
Chart & Analyst Comments
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
  3. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
    index: 1x 0.036505937576294s
t_/pages/forecast: 1x 0.032835006713867s
t_/common/header-new: 1x 0.020830154418945s
t_/common/head: 1x 0.017058849334717s
t_/common/footer-new: 1x 0.0027308464050293s
router_page: 1x 0.001971960067749s
router: 1x 0.00091409683227539s
t_/popups/on-download: 1x 0.00057291984558105s
service-routes: 1x 0.00031208992004395s
router_redirection: 1x 0.00014305114746094s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2022-10-05 06:48:10)  -----