Buy the cable around 1.3209 | 05 June 2018

05 June 2018, GBP/USD

Buy the cable around 1.3209

Wave Analysis

Earlier today, the cable declined in value despite the previous forecast that it could rise. We're waiting for a potential buy position around the previous week's opening price 1.3309. Should the price close below this level by the end of today, then we expect a rally towards last week's lowest low 1.3202 which is also a good buy place. The idea here is t buy the cable upon a clear rebound from 1.3209 and have you stop below 1.3202 and take profit at 1.4246. Should the price close below last week's lowest low, then expect a rally further lower.

Trade recommendation.

Buy the cable around 1.3209 with your take profit at 1.4246.

101% Double the volume

!Attention!
All bonus participates in drawdown!

More detailed

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus