Wait for a bounce from the lower trendline to pick a buy position. | 20 7月 2020

20 7月 2020, GBP/USD

Wave Analysis

After reaching a high of 1.26640, the British pound corrected itself to the lower side and is still pretty much in a bears market. We expect further momentum to the lower side and should break below the supportive trend line towards the lower trend line, As it is now should the price break above the upper trend line, then this could be a good place to consider a possible long term buy position. And on the flip side, in case the price breaks and closes below the lower trend line, then I will expect a surge towards 1.23545.

Trade Recommendations:

Wait for a bounce from the lower trend line to pick a buy position.

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