GBPUSD: Buy with a target of 1.213

6 Mar 2023

From a technical perspective, the 4-hour triple bottom pattern has already emerged and has overcome the short-term pressure at 1.202. Currently, it is fluctuating within the range of 1.213-1.192.

The bullish strategy remains unchanged, with continued buying at lower levels.

The initial target is around 1.206, followed by 1.213. When the price approaches 1.213 again, I believe there is a high probability of a breakthrough after a long period of consolidation.

Therefore, I maintain the trading strategy of buying at lower levels.

I have profound knowledge and extensive trading experience in gold, crude oil, forex, cryptocurrency, and other markets. I am happy to share this with everyone and greatly appreciate your attention and support. If you have any questions, please leave a message in the comment section, and I will provide you with the most sincere and responsible solutions.

Have a pleasant day!

6 Mar 2023

İşlem aktif

1.2005 bulls have stepped in

6 Mar 2023

Not

1.200 bulls continue to hold

6 Mar 2023

Not

is about to welcome the first TP1.2068

6 Mar 2023

Not

In the 30-minute chart, the MACD indicator has formed a golden cross, and the 1-hour chart also shows signs of an upward trend. Let's continue to wait for the take profit level.

6 Mar 2023

Not

Continue to hold long positions and wait for the market to rise further

7 Mar 2023

İşlem aktif

GBPUSD is currently under pressure, it may be prudent to take profits as a precaution