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British Pound / South African Rand

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GBPZAR trade ideas

Analysis on GBPZAR 1.11.2019The 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 19.7000 • Take Profit Level: 20.0000 (3000 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 19.4500 • Take Profit Level: 19.4000 (500 pips) GOLD A possible long position at the breakout of the level 1515.00 EURUSD A possible long position at the breakout of the level 1.1180 USDCHF A possible short position in the breakdown of the level 0.9850 GBPUSD A possible long position at the breakout of the level 1.2980
by PaxForex