EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairGBPUSD
Publication Time2/17/20 7:57 AM
Direction Buy
Status Closed (1.2925)
Feb. 17, 2020
Feb. 24, 2020
Forecast
+130 p
1.3160
Target 1
1.3030
Entry
-105 p
1.2925
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. According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. 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.
  4. MVP line is below the price and acts as a support level.
  5. We are setting the take profit of our Buy Order to the closest level with a large number of stop losses.
    index: 1x 0.055371999740601s
t_/pages/forecast: 1x 0.050153970718384s
t_/common/header-new: 1x 0.03167986869812s
t_/common/head: 1x 0.022177934646606s
t_/common/footer-new: 1x 0.0043830871582031s
router_page: 1x 0.0017738342285156s
router: 1x 0.0012919902801514s
t_/common/cookie-banner: 1x 0.000885009765625s
t_/popups/on-download: 1x 0.00088191032409668s
service-routes: 1x 0.0005500316619873s
t_/blocks/sidebar-afil: 1x 0.00038695335388184s
router_redirection: 1x 0.00033998489379883s
t_/popups/zoom: 1x 5.0067901611328E-5s
----- END OF DUMP (2025-02-05 11:56:02)  -----