Wait | 19 سبتمبر 2019
19 سبتمبر 2019, GBP/USD
Wave Analysis
Since Monday this week, nothing much appear to be happening on this pair. The cable is still rallying few pips below its opening price and is not showing any signs of continuing to the upperside. As long as the price remains below 1.26770, we choose to remain on the sidelines, the idea is tpo wait for either a breakout above 1.26770 to pick a long term buy, or a rebound from the same level to pick a long term sell order with an ultimate target around 1.19770, a break below this level will push the price even lower.
Trade Recommendations:
Wait
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.
