We are long | 16 9月 2016

16 9月 2016, GBP/USD

We are long

Wave Analysis

Yesterday, the corrective wave (b) rebounded perfectly along the supportive trend line as previously forecasted. We expect the current upward rally to be the unfolding of the impulsive wave (c) but should not go beyond the resistance level 1.4111. A clear breakout above this target may push the price further to the upper side with an ultimate target at 1.4667. Although an upward rally is highly anticipated, we cannot rule out a possibility of retracing to the lower side and even breaking below the immediate supportive trend line. Expect a similar price action in AUD/USD, GBP/HKD and NZD/USD.

Trade Recommendations:

Remain long with an ideal target at 1.4111

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