Trading Signal - 28 / 03 / 2023 - 16:00 (GMT +3)

Instrument: GBPUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.2321

Change 0.28 %

Current 1.2323

52 Week High 1.3065

52 Week Low 1.0351

30 Days ATR 0.0094

40 Weeks ATR 0.0224

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL

1.2280 1.2330 The market is in an uptrend and we are waiting for

60min
an entry signal to go LONG above the 1.2330 BUY 1.2330 1.2280
CHART
1.2250 1.2359 resistance level. Only the downward break of
· Upwards
1.2280 would cancel the bullish scenario and take Trade P. TP1 TP2
Next 3 Days Weak
· 1.2210 1.2400 us SHORT.
Neutral Medium Low 1.2359 1.2400

Position Entry SL

240min 1.2185 1.2350 The market is in an uptrend and we are waiting for
CHART an entry signal to go LONG above the 1.2350 BUY 1.2350 1.2185
· 1.2115 1.2425 resistance level. Only the downward break of
Upwards
Next 3 1.2185 would cancel the bullish scenario and take Trade P. TP1 TP2
Strong
Weeks
·
1.2000 1.2530 us SHORT.
Overbought 1 Medium 1.2425 1.2530

Position Entry SL

Daily 1.1790 1.2450

CHART WAITING - -
The market is in a Range. We remain neutral
· - -
Next 3
waiting for a break in either direction.
Range Trade P. TP1 TP2
Months · - -
Overbought 1
- - -
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