Expect a possible position around 1.2839. | 07 6月 2017

07 6月 2017, GBP/USD

Wave Analysis:
Since 26th may of this year, the cable entered into a rising channel and is still pretty much being contained within this channel. we expect the current upward rally to be the continuation of the impulsive wave (v) but should not go beyond the resistance level 1.2938 from where we'll be looking for a possible onset of a corrective three wave cycle. Thus, as long as 1.2938 is not violated to the upper side, we expect a possible rebound from this level to sell the cable with an ideal target at 1.2781. Expect a similar wave count in GBPCAD, GBPAUD, EURUSD and AUDUSD. These pairs will have a similar price action during this intraday.
Trade Recommendations:

Expect a possible bullish price movements towards 1.2839. Sell positions can only be recommended in case the pair end up rebounding from 1.2938.

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.