Resell the cable from 1.24144. | 26 سبتمبر 2019
26 سبتمبر 2019, GBP/USD
Wave Analysis
During the previous trading day, the impulsive wave (c) continued massively to the lower side and is still pretty much bearish both on the daily and on the weekly charts. As long as the price is contained below the hourly resistance level 1.24144, we're expecting a possible correction of the immediate impulsive wave (c) but should not go beyond 1.24144 where we're waiting to resell this pair. Conservative traders should wait for a break below the previous day's lowest low to pick a sell order.
Trade Recommendations:
Resell the cable from 1.24144.
TRADE METALS WITHOUT SWAPS!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.
