GBP/USD. A small corrective rise before further decline. | 08 12月 2023

08 12月 2023, GBP/USD

The pound, managing to overcome pressure from the dollar, is attempting to rise. The upward movement may be inspired by the euro, which is currently preparing for growth, albeit corrective.
Regarding the considered pair, the potential for upward movement seems insignificant, and it might be better to skip this movement. It remains somewhat unclear what the market ultimately wants to do. The situation remains bearish, but selling should be considered on the update of the current local minimum, with a corrective rise expected in the near term.
Today's trading session is likely to clarify some aspects, so we are closely monitoring developments and waiting for market cues. For now, cautiously buying with modest targets seems reasonable.
Investment idea: Buy at 1.2590, stop loss at 1.2565, take profit at 1.2650.
Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus