www.varchev.com

GBP / USD – medium movement long, buy only after the increase in the price above 1.5434

GBP / USD trend short, but medium-term movement is long

Price over diagonal resistance, but no signal for purchases, the price is between dpalzyashtite medium. Indicator is in the positive zone, growth of price above 1.5434 will give a signal for purchases with a close stop just below the diagonal support 1.5395.

The short-term movement is to lower to test support 1.54

Break below the diagonal resistance will give a signal of possible short positions


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance