Expect further corrections | 14 2月 2018

14 2月 2018, GBP/USD

Expect further corrections

Wave Analysis:

Just as in euro and other positively correlated pairs, this cable is also pulling back upwards and is currently rallying above 1.3855. recently, the price merely merely touched this support but has just pulled back above. As long as the price remains above 1.3855, we expect a rally to the upper side, bt should the price get below 1.3855 for the second time, then a decline towards 1.3500 is expected. This pair should be traded alongside EURUSD, GBPSGD, GBPMXN and AUDUSD. These pairs have a strong positive correlation of up to +52% and will move in the same direction today.

Trade Recommendations:

Expect further bearish corection towards 1.3500

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