Buyers are at 1.3662 | 08 3月 2018

08 3月 2018, GBP/USD

Buyers are at 1.3662

Wave Analysis:

The cable continues to pullback to the upper side but could come crashing down anytime. From the previous day's forecasts, we're still waiting for a rebound from the daily support set at 1.3662 to pick a long position with an ultimate target at 1.4618. As long as the price remains above 1.3662, this level remains to be the best place to buy this pair, otherwise, should the price break below, then we're be waiting for a bearish dominance confirmation to short the cable with an ideal target at 1.3135. This pair should be traded alongside GBPHKD, GBPSGD and GBPMXN. These pairs have a strong positive correlation and will move in the same direction today.

Trade Recommendation:

Buy cable at 1.3662 with your take profit at 1.4618

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.