Trading plan for the European session on June 15 for the GBP/USD
June 15, 2018 9:22 am
To open long positions on GBP/USD it is required:
Buyers of the pound will show themselves in the area of support for 1.3228, but to open long positions immediately on the rebound is best in the area of 1.3202. The main goal for the first half of the day will be the return and fixing on the resistance of 1.3258, which will lead to a small upward correction of 1.3289 and 1.3315.
To open short positions on GBP/USD it is required:
Vendors will try to gain a foothold below the support of 1.3228, which will lead to the formation of a new downward wave in the area of 1.3202 and 1.3146, where it is recommended recording profits. In the case of growth at 1.3258 resistance in the first half of the day, selling of the pound can be resumed on a rebound from 1.3289 and 1.3315.
Description of indicators
MA (moving average) 50 days – yellow
MA (moving average) 30 days – green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
The material has been provided by InstaForex Company – www.instaforex.com
To open long positions on GBP/USD it is required:
Buyers of the pound will show themselves in the area of support for 1.3228, but to open long positions immediately on the rebound is best in the area of 1.3202. The main goal for the first half of the day will be the return and fixing on the resistance of 1.3258, which will lead to a small upward correction of 1.3289 and 1.3315.
To open short positions on GBP/USD it is required:
Vendors will try to gain a foothold below the support of 1.3228, which will lead to the formation of a new downward wave in the area of 1.3202 and 1.3146, where it is recommended recording profits. In the case of growth at 1.3258 resistance in the first half of the day, selling of the pound can be resumed on a rebound from 1.3289 and 1.3315.
Description of indicators
The material has been provided by InstaForex Company – www.instaforex.com
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