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Rebuy the cable from 1.22980 with your take profit at 1.24020.

Rebuy the cable from 1.22980 with your take profit at 1.24020. | 10 September 2019

10 September 2019, GBP/USD

Rebuy the cable from 1.22980 with your take profit at 1.24020.

Wave Analysis

During the previous trading day, the cable rose above the shape formation and is still rallying above 1.23330. This is a key level, and while the price is contained above it, we're looking for further momentum to the upperside, On this chart, a break above the previous week's highest high or a retracement back towards the previous day's lowest low will attract a good buy. But in case the price breaks below the previous trading day, then this will be a good place to look for sell orders.

Trade Recommendations:

Rebuy the cable from 1.22980 with your take profit at 1.24020.

Bob Stan
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