29 August 2018, GBP/USD
Wave Analysis
for the past two weeks, we've seem a correction of the impulsive wave (c) but we're still below a key level 1.3306. As long as the price is below 1.3306 and above 1.2171, we expect this pair to trade in a range not going above 1.3306 or below 1.2171. If you're not in any position right now, you could wait for a rebound from 1.2171 to pick a long position, or a rebound from 1.3306 to pick a short position, alternatively, you could wait for a breakout below 1.2171 to pick a long term short position with an ultimate target at 1.14.
Trade Recommendation
wait
101% Double the volume
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