GBPUSD Technical Analysis For 13th November 2015 | 13 11月 2015

13 11月 2015, GBP/USD

GBPUSD Technical Analysis For 13th November 2015
Technical View:
GBP/USD is currently trading with a bearish bias. We expect 1.5247 to be the end of wave (5), to begin the 3 wave cycle. Assuming 1.5239 to be the end of wave (b), we expect wave (c) to cross and close below the lower support trend line and the lower than the end of wave (a). Technically, wave (c) should go short probably up to 1.5144, or even lower. Traders trading this pair should also observe other positively correlated pairs such as EUR/USD, EUR/CHF, and GBP/HKD for similar price movements, only buy or sell Pound if all the other positively correlated pairs are giving the same signal.

Trade Recommendation.

We are waiting for a clear break out below the lower support trend line before we go short. Short positions should have targets below wave (a) and the next target at 1.5144. This view can only be challenged should a very bullish candle show up along the support trend line or just above it.

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