GBPUSD Elliot Waves Analysis For 9 August 2016 | 09 8月 2016

09 8月 2016, GBP/USD

Wave Analysis

GBP/USD is currently trading with a bearish bias. The cable continues to make lower lows even as the US Dollar index extend into higher ranges. During this intaday, we expect further movements to the lower side and may breakout below 1.2902. This pair should be traded alongside GBP/JPY, GBP/CAD, GBP/AUD and GBP/HKD. These pairs have a strong positive correlation of up to +0.96 and will have a similar price action during this intraday. Only buy or sell the cable if the other positively correlated pairs are giving the same signal.

Trade Recommendations:

Remain short with an ideal target below 1.29024

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