We're long towards 1.42905 | 26 يوليو 2018
26 يوليو 2018, GBP/USD
Wave Analysis:
The cable has picked a momentum to the upperside. Perfectly as we previously forecasted, while the price is above 1.32708, we expect a possible momentum to the upperside, the anticipated bullish price rally is the unfolding of another impulsive wave count but should not go beyond 1.42905. This view can only be invalidated in case the price breaks below 1.32708, and even then, we'll need a proper confirmation that the price will indeed continue to the lowerside with the next ideal target at 1.27252.
Trade Recommendations:
We're long towards 1.42905
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
