Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Fri, 19 Oct 2018 15:25:01 +0300
30 Minutes
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GBP/USD

 

ENTRY 1.30188 TARGETS 1.30080 1.30025 1.29917 1.29782 STOP LOSS 1.30459

 

Scenario 1

GBPUSD is trading between 1.30459 and 1.30188.  Any forceful attempt to breach the barrier at 1.30188 will push prices to find support at 1.30080 and even lower at 1.30025.  A protective stop loss at 1.30459 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 1.30459, it will eliminate the downtrend scenario, generating a buy signal.