Monthly reviews

GBPUSD market technical outlook

GBPUSD

Analysis method - “Gann Swings + Price Action”

October 1, 2018


Monthly chart:

A very sluggish development of upswing is in progress, that is determined by the absence of market’s direct buy signals. Nevertheless, tendency for quotes’ increase in direction of the 1.3844 level preserves.


Conclusions:

Continuation of moderate growth in direction of the 1.3144 handle.

Trading recommendations:

Search for local buy signals.