wait | 01 August 2018

01 August 2018, GBP/USD

wait

Wave Analysis

Despite the small bearish pin bar seen during the previous trading week, the cable has neither made a move to the lower side or to the upper side. Instead, the cable is now rallying few pips around this week's opening price. We're waiting for a clear breakout below 1.30706 to confirm a possible rally to the lowerside and should break below 1.27252. The anticipated bearish price rally is the unfolding of the impulsive wave (c) but should have an ultimate target at 1.20000. We will only recommend a buy position in case of a bounce from 1.30708.

Trade Recommendations:

wait

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