GBPUSD - the pair is about to leave the flat range

March 27, 2019 8:25:00 AM by Alexander Zorevyk
Forecast Details
PairGBPUSD
Direction Sell
StatusClosed (1.3235)
6:18
6:00
Mar. 27, 2019

-54 p
1.3235
Stop Loss
1.3180
Entry
+50 p
1.3130
Target 1
Chart & Analyst Comments
GBPUSD - the pair is about to leave the flat range
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. The dynamics of the Ratios indicator signals possible sells. Pay attention to the area marked on the image.
  3. The Profit Ratio indicator is not responding to a downward movement, this means that the movement is valid.
  4. In the right order book, we see the volume of loss buyers above the current price. This cluster can act as a resistance.
  5. This is a short-term trade. We are setting our take profit inside the flat.