Buy a break above the previous week's highest high with your take profit at 1.24241. | 29 أغسطس 2019
29 أغسطس 2019, GBP/USD
Wave Analysis
Despite the Monday's forecast that this pair could rise massively towards 1.24241, nothing much appear to be happening on this pair. The current week's candle is still pretty much inside the previous week's candle. And as long as this is true, we recommend remaining flat, the idea is to wait for a rise above the previous week's highest high to pick a low risk buy order towards 1.24241. A breakout above this level may push price further to the upperside with the next target being 1.27405.
Trade Recommendations:
Buy A break above the previous week's highest high with your take profit at 1.24241.
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.
