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The purchases of the pound is a priority as the probability of a return to the Bank level of 1.3280 is 75%. This makes it possible to fix part of a long position and transfer the remaining balance to breakeven. It is important to understand that the upward movement is a medium-term impulse. This makes it possible to search for new points to buy the tool. The closing level of last week's trading is an excellent point for this. At the end of last week, the GBPUSD pair reached the lower banking zone, which is a strong support. The zone test caused an increase in demand.
There is no need to expect for a deeper correction, however, it is important to note that the lower banking zone will remain relevant until November 18. After the start of European trading on Wednesday, the support and resistance levels will need to be adjusted.
Working towards the growth of the pair involves searching for additional points to enter into purchases. Do not forget that the probability of forming a reversal model is only 30%, which makes any sales from current levels not profitable at a distance.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
