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Intraday forecastBritish Pound / US Dollar technical chart
SymbolGBPUSD
Release TimeEkim 25, 2021 - 14:35
Advisebuy (limit) above S1=1.3735
Intraday
Short term
Yesterday range79
Yesterday high1.3815
Yesterday low1.3736
Yesterday close1.3759
R31.384
R21.3815
R11.3795
S11.3735
S21.3725
S31.365
Trade setup

As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=1.3735.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3795.
TP4: R2=1.3815.
Set the stoploss of these orders at breakout of S2=1.3725.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3725.
In this situation, there is an expectation to reach the target S3=1.365.
Set the stoploss of reverse orders at breakout of S1=1.3735.

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