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24.04.201800:06 Forex Analysis & Reviews: Trading plan for the US session on April 23 GBP / USD

Long-term review

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To open long positions for GBP / USD, you need:

Buyers at 1.3951 are absent, and at any time its breakdown can take place. Therefore, it is best to count on long positions in the pound after updating the support levels of 1.3922 and 1.3875. The main task for buyers will be to return to the level of 1.3992, and then update the resistance of 1.4035.

To open short positions for GBP / USD, you need:

Repeated test of 1.3951 will lead to the continuation of the sale of the British pound with the renewal of already new lows around 1.3922 and 1.3875, where I recommend fixing the profits. In the case of pound growth in the second half of the day, sales can be returned after a false breakout at 1.3992, or at a rebound of 1.4035.

Indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20

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