manager photo manager photo
We will be pleased to answer any questions you may have



Get bonus

Log in

Only sell a clear break below 1.31895

11 July 2018, GBP/USD

Only sell a clear break below 1.31895

Wave Analysis

After the bullish pin bar candles seen for the past two weeks, the cable is yet to show any clear move to the upper side. Rather, this pair continues to loose value but is still above 1.31895. As long as the price remains above this weekly support, we expect a possible momentum to the upperside. However, should the price get below 1.31895, we'll expect a spike to the lower side. The anticipated bearish price rally will be the continuation of the impulsive wave (c) and should break below 1.25252 but should not go beyond 1.19890.

Trade Recommendations:

Only sell a clear break below 1.31895

Do you know against which currencies GBP is the most profitable?

More trading assets here...

Graham Osano
Agree with the review?
Traders' opinion:
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 .