Sell a break below 1.20231, | 08 أبريل 2020
08 أبريل 2020, GBP/USD
Wave Analysis
Nothing much appears to be happening on this pair since the previous week, as long as the price remains above the zone 1.20231-1.21352, we expect nothing but a possible momentum to the upper side, the anticipated bullish price rally is the continuation of an impulsive wave count and could see price break above 1.24890 towards 1.32981. This view can only be invalidated in case the price breaks and closes below 1.20231, if this is the case, then further momentum to the lower side is expected towards 1.1400.
Trade Recommendations:
Sell a break below 1.20231,
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.
