Expect corrections to the upperside. | 02 9月 2016

02 9月 2016, GBP/USD

Expect corrections to the upperside.

Wave Analysis:

Yesterday, instead of going short as previously forecasted, the impulsive wave E ended a bit earlier than expected and could not even hit our target. Following the breakout above the upper resistive trend line, we expect an acceleration to the upper side but should not go beyond 1.3429. Expect a similar upward rally in GBP/HKD. These two pairs have a strong positive correlation of up to +0.85 and will have a similar price action during this intraday.

Trade Recommendations:

Remain long with an ideal target at 1.3429.

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