we're short | 04 اكتوبر 2018
04 اكتوبر 2018, GBP/USD
Wave Analysis
GBP is currently trading with an increasing bearish bias momentum. As long as the price is below 1.2945, we expect nothing but a possible momentum to the lower side. The anticipated bearish price rally is the continuation of both the impulsive waves (v) and (c) and should break below 1.2895 towards 1.20 or even lower towards 1.19 or even lower. According to the hourly chart attached, we're waiting for further corrections to the upper side to pick a long term short position with an ultimate target at 1.20.
Trade Recommendations:
we're short
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
