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27.06.201809:01 Forex Analysis & Reviews: Trading plan for the US session on June 26 GBP / USD

Long-term review

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

Only a return to the resistance level of 1.3258 may bring back the British pound buyers to the market, which will be aimed at updating the highs of the past week in the area of 1.3312, where I recommend fixing profits. In the case of a further decline in the pound in the afternoon, you can count on purchases only for a rebound from a large support level of 1.3191.

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

Failure to consolidate above 1.3258, or a re-decline to the morning support level of 1.3230 could lead to the formation of a new wave of GBP / USD falling with a minimum of 1.3191. The main goal of the sellers will be the support area of 1.3152, where I recommend fixing profits.

Description of 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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