Sell a break below Friday's lowest low. | 30 سبتمبر 2019
30 سبتمبر 2019, GBP/USD
Wave Analysis
The cable continues to make lower lows perfectly as previously forecasted. During the previous week on Friday, this pair established a support around 1.22721 and is still rallying above it. As it is on the hourly chart, We're waiting for a break below the Friday's lowest to sell this pair with an ultimate target at 1.22475. This view can only be invalidated in case the price breaks above last week highest high, if this is the case, then a momentum is expected to the upper side with an ultimate target at 1.26.
Trade Recommendations:
Sell a break below Friday's lowest low.
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.
