EN

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 Time10/31/22 7:24 AM
Direction Buy
Status Closed (1.1510)
7:24
7:24
Oct. 31, 2022
Forecast
+70 p
1.1650
Target 1
1.1580
Entry
-70 p
1.1510
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

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 Ratios indicator demonstrates a market shift towards sellers. Their increase while the downward movement may indicate a successfully triggered trap. Possible price upward reversal.
  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. The risk-to-profit ratio allows us to set Take Profit for a Long trade at 1.165
    index: 1x 0.051553010940552s
t_/pages/forecast: 1x 0.048080921173096s
t_/common/header-new: 1x 0.031031131744385s
t_/common/head: 1x 0.026298046112061s
t_/common/footer-new: 1x 0.004019021987915s
router_page: 1x 0.0016500949859619s
t_/popups/on-download: 1x 0.00094509124755859s
router: 1x 0.00073885917663574s
t_/common/cookie-banner: 1x 0.00058889389038086s
service-routes: 1x 0.00038814544677734s
t_/blocks/sidebar-afil: 1x 0.0002739429473877s
router_redirection: 1x 0.00019407272338867s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2024-07-26 23:36:07)  -----