Buyers gaining control | 12 1月 2018

12 1月 2018, GBP/USD

Buyers gaining control

Wave Analysis:

During the previous trading day, the cable rallied with an increasing bearish momentum and even hit the lows of 1.3456 but ended up closing above its opening price. The previous day's candle is perfect bullish candle and as long as the price remains above 1.3507, we expect a possible bullish momentum towards 1.41 and should extend higher to 1.4509. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upper side but should not go beyond 1.45. This pair has a strong positive correlation to GBPHKD and GBPMXN. These pairs have a strong correlation of up to +63% with the cable and will move in the same direction today.

Trade Recommendations:

Look for a long position with your target at 1.4509

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.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus