We're still long | 11 اكتوبر 2018
11 اكتوبر 2018, GBP/USD
Wave Analysis
After breaking above 1.31278, the cable continued to the upper side and is still very much bullish both on the daily and the weekly charts. As long as the price remains above 1.32430, we expect a possible momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave (E) to the upper side and should break beyond 1.32660 towards 1.34 or even higher. According to the current time frame, only a buy position looks more ideal and can be recommended with an ultimate target at 1.36.
Trade Recommendations:
We're still long
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.
