Quotes last week pushed off the support of the "channel", about the possibility of buying from the depths was in the review before last. In theory, the next target for growth is now on the resistance of the channel, it is approximately 1.3170 at the current moment (taking into account the downward channel, the target will decrease every day):
And now to the most interesting point – where to buy GBPUSD? Nobody forbids doing this at current prices, business, we put a huge stop and wait for growth, but this is an option for lovers of extreme trading. Buying, as written in smart books, you must either from support, or after consolidation under the resistance and its breakdown. And from here two elementary trading plans immediately follow – a purchase in case of a decline to 1.2870-1.3000 and a purchase in the event of a breakdown of resistance 1.3070:
A potential goal is indicated at the end of the first paragraph of this review.
This review is not a guide to transactions.
Dmitry Semenov, Kalita-Finance
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