FX.co ★ Trading plan for the US session on June 18 GBP / USD

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

When the test is repeated, the buyers will try to return to the resistance level of 1.3256, which will lead to a larger upward correction to the area of 1.3285 and 1.3315, where I recommend fixing the profit. In the case of a further decline in GBP / USD in the afternoon, you can go back to the rebound from 1.3213 immediately.

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

While the trade is below 1.3256, the pressure on the pound will be maintained, and the main target of the sellers will be the support of 1.3213, where I recommend fixing the profit. In the case of growth above 1.3256 in the afternoon, sales can be looked at from the level of 1.3285 and 1.3315.

Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20