A good demand level is around 1.27296 | 19 2月 2019

19 2月 2019, GBP/USD

Wave Analysis

After the break above the upper trendline, we expect the bounce from 1.27855 to have marked an end to the last impulsive five wave cycle, that the current rally to the upperside is the continuation of a corrective three wave cycle and should extend even higher. As it is, we expect the immediate corrective wave (b) to continue to the lowerside towards 1.28718, where we'll be looking to buy the last impulsive wave (c) towards 1.29525. Even with a close below 1.28718, we'll still be reluctant to look for sell orders.

Trade Recommendation:

Waiting to buy the cable around 1.28718.

BECOME FRESHFOREX ANALYST!

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.