Analysis

GBPUSD: Expect a further rise in prices to 1.3850

GBPUSD

PENDING ORDER BUY  GBP/USD @ 1.3820     SL:  1.3797 TP1: 1.3835    TP2: 1.3850

PENDING ORDER SELL  GBP/USD @ 1.3791    SL:  1.3814 TP1: 1.3776     TP2: 1.3761

Our forecast for GBPUSD

The price reached a level of 1. 3820
We expect a further rise in prices to the level of 1.3850
Our advice is to take the profit on the price of 1. 3835
SL. setup on the price of 1.3797

Otherwise, if you have the GBPUSD  trend for SELL, PENDING ORDER set the price of 1. 3791   with SL. 1. 3814   and first TP with price  1.3776

 

GBPUSD Current Trading Positions

 

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