Remain long | 15 2月 2018

15 2月 2018, GBP/USD

Remain long

Wave Analysis:

During the previous trading day, the cable rallied higher perfectly as previously forecasted, and is still pretty much bullish both on the daily and weekly charts. Following the bounce from the daily support seen at 1.3855, we expect further momentum with an ultimate target at 1.4730 or even higher. This view can only be invalidated in case the price end up breaking below 1.3855, if this is the case, then we expect a possible bearish momentum. This pair should be traded alongside USDJPY, CADJPY, AUDJPY and HKDJPY. These pairs have a strong negative correlation of up to -52% and will move in exact opposite directions today.

Trade Recommendations:

Remain long towards 1.4730

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.