Consolidations | 31 5月 2017

31 5月 2017, GBP/USD

Consolidations
Wave Analysis
The cable continues to consolidate above 1.2770. This is a key daily support and as long as it protects the lower side, we expect a possible bullish price movements towards 1.33. This view can only be invalidated in case the price end up below 1.2770, if this is the case, then an acceleration towards 1.2440 is inevitable. Expect a similar wave count in GBPCAD, GBPAUD and GBPCHF. These pairs have a strong positive correlation of up to +85% and will move in the same direction during this intraday.
Trade Recommendations:

Expect a possible rebound from 1.2777 to buy this pair towards 1.2777

FreshForex cancels commissions!

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