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

October 30, 2019 7:59:29 AM by Alexander Zorevyk
Forecast Details
PairGBPUSD
Direction Buy
StatusClosed (1.2940)
7:57
7:57
Oct. 30, 2019

+60 p
1.2940
Target 1
1.2880
Entry
-60 p
1.2820
Stop Loss
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. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.039794921875s
t_/pages/forecast: 1x 0.035849094390869s
t_/common/header-new: 1x 0.024534940719604s
t_/common/head: 1x 0.020066976547241s
t_/common/footer-new: 1x 0.0027310848236084s
router_page: 1x 0.002061128616333s
router: 1x 0.001007080078125s
t_/popups/on-download: 1x 0.00054216384887695s
service-routes: 1x 0.00035691261291504s
router_redirection: 1x 0.00014495849609375s
t_/popups/zoom: 1x 3.3855438232422E-5s
----- END OF DUMP (2022-08-08 08:28:08)  -----