GBPUSD Elliot Waves Analysis For 9 February 2016 | 09 2月 2016

09 2月 2016, GBP/USD

GBPUSD Elliot Waves Analysis For 9 February 2016
Wave Analysis:
GBP/USD is currently trading along a very significant pivot level 1.4419. We are waiting for a close below 1.4396 to sell the pair but with our targets at 1.4237 and 1.4097. In the meantime, we will sit on the sidelines and only buy above 1.4471 with our target at 1.4659. This pair should be traded alongside other positively correlated pairs such as GBP/CAD, NZD/USD, GBP/AUD, and NZD/SGD. These pairs have a strong positive correlation of up to +0.94 and are thus expected to have a similar price pattern. Only buy or sell pound if all the other positively correlated pairs are giving the same signal.

Trade Recommendations:

In the meantime, remain flat and only buy above 1.4471 with your target at 1.4659. And only sell below 1.4396 with your targets at 1.4237 and 1.4097.

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