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We're short towards 1.26781

We're short towards 1.26781 | 28 March 2019

28 March 2019, GBP/USD

We're short towards 1.26781

Wave Analysis

Nothing much happening on this pair. We're still below the level 1.33055 despite the previous forecast that this pair should be heading to the lowerside. Last week's candle was an inside Pin bar, and signals that the price is likely heading upwards. But while the price is still capped by the line 1.33015, we remain hesitant to look for a long term buy orders. A clear rejection from 1.33015 will mean we're heading to the lowerside with an ideal take profit at 1.26781, a break below will push the price even lower.

Trade Recommendations:

We're short towards 1.26781

A lot of interesting information on the webinar!

Bob Stan
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