Expect a possible momentum towards 1.21352-1.20231. | 20 أبريل 2020
20 أبريل 2020, GBP/USD
Wave Analysis
Last week's candle closed as a possible bearish pin bar candle, we expect sellers to dominate this market today and could push the price towards the weekly support zone 1.21352-1.20231. If this support is violated to the lower side, then this will give us an ideal place to consider a possible long term sell order with an ultimate target around 1.15150. If you are looking at this chart now, expect a possible bearish price rally with an ultimate target around 1.20231, a bounce from this target will give us a good buy place.
Trade Recommendations:
Expect a possible momentum towards 1.21352-1.20231.
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.
