Analysis on GBPSGD 6.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7085
• Take Profit Level: 1.7200 (115 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7000
• Take Profit Level: 1.6950 (50 pips)
USDJPY
A possible long position at the breakout of the level 107.25
EURUSD
A possible long position at the breakout of the level 1.1050
USDCHF
A possible long position at the breakout of the level 0.9880
GBPUSD
A possible long position at the breakout of the level 1.2355
