FX.co ★ Trading plan for the US session on April 11 GBP / USD

To open long positions for GBP / USD, you need:

Buyers need to climb above the level of 1.4185, which will keep a good upward momentum and lead to the update of levels to the area of 1.4216 and 1.4255 in the afternoon. If the pound continues to fall, opening long positions can only be calculated after a false breakout in the area of 1.4148, or on a rebound from 1.4121.

To open short positions for GBP / USD, you need:

An unsuccessful attempt to climb above the level of 1.4185 with a return to this level will be the first signal for opening short positions in GBP / USD with a goal of reducing to the support area of 1.4148. A break at the level will pressure the pound to yesterday's low in the area of 1.4115. With a growth option above 1.4185, selling the pound can be done after updating to the level of 1.4216, or on a rebound from 1.4255.

Indicator description

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20