Remain long towards 1.40320. | 19 February 2021

19 February 2021, GBP/USD

Remain long towards 1.40320.

Wave Analysis

As previously expected, The British pound continued massively to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If you are looking at this chart, keep looking for long term buy positions expecting price to break above 1.39930 towards 1.40. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and may ultimately break and close above 1.40 towards 1.35 or even higher. On the flipside, a break below 1.38370 will push the price towards 1.37478.

Trade Recommendations:

Remain long towards 1.40320.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.

This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:

1. Fund your trading account with $50 or more from February 1 to 26, 2021.

2. Send a request to school@freshforex.com with your account number funded.

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