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GBPUSD analysis 25.08.2020

GBPUSD

 The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending truncated pattern of the H1 level ended with the breakout of an inclined channel. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals an oversold condition.

GBPUSD rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave pattern is formed above 1.3115.

Stop Loss: 1.3016.

Target levels: 1.3250; 1.3300.

Author: admin
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