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16:10 Forex Signals - Intraday Strategy for GBP / USD 13/05/10 | |
| Pair GBP / USD is traded on the hourly chart within the downtrend. The course is located below the moving average speriodom 55 on the hourly chart, the level of 1.4894, thereby reducing their price. I recommend to open long positions in the position after the breakdown of the results of hours of resistance at 1.4899 in order to increase the resistance 1.4936-50 and if it is the breakdown on the basis of hours to 1.4986. Stoploss if this strategy can be positioned at the level of 1.4830. I recommend to open short positions after the breakdown on the basis of hours support at 1.4746 to reduce to the support at 1.4706 and if it is the breakdown to 1.4659. Stoploss if this strategy can be positioned at the level of 1.4820. Given that moving average and the location of boundaries of technical figures over time is moving, it is necessary to the hourly chart to adjust their status. I also recommend to open positions up to an hour to avoid false breakouts. In the case of a strong movement in the breakout technical figures suggest await correction. The level, which was the resistance should be a strong support and it was near this level should open position in the direction of the breakdown. Analyst "Forex Analytics" Alex Sedyshev
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