Currency pair GBPUSD is ready for correction, Bulls come into play

March 25, 2019 8:41:00 AM by Alexander Zorevyk
Forecast Details
PairGBPUSD
Direction Buy
StatusClosed (1.3185)
6:12
6:00
Mar. 25, 2019

+34 p
1.3255
Target 1
1.3220
Entry
-35 p
1.3185
Stop Loss
Chart & Analyst Comments
Currency pair GBPUSD is ready for correction, Bulls come into play
  1. Analyzing the current ratio of trader positions, we see a formed signal that confirms our idea of buy order(s) only.
  2. The dynamics of the Ratios indicator signals possible buys. Pay attention to the area marked on the image.
  3. The decrease in the volume of buyers, together with the increase in the volume of sellers, confirms the need to buy, according to our trading idea.
  4. This is a short-term trade. We are setting our take profit inside the flat.