Wait for a buy from within the zone 1.29869-1.30168 with your take profit at 1.32794. | 30 يناير 2020
30 يناير 2020, GBP/USD
Wave Analysis
During the previous trading day, the corrective wave (b) continued to the lower side but could not go below the zone 1.29869-1.30168. As long as the price remains above this zone, this remains a good place to pick a buy from this zone to pick a long term buy order. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should break above 1.32794. If the price breaks and closes above this level, then a momentum to the upper side is expected towards 1.34840.
Trade Recommendations:
Wait for a buy from within the zone 1.29869-1.30168 with your take profit at 1.32794.
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.
