Buy a break above the previous week's highest high with your take profit at 1.24241. | 29 August 2019

29 August 2019, GBP/USD

Sell the cable from 1.24241.

Wave Analysis

Despite the Monday's forecast that this pair could rise massively towards 1.24241, nothing much appear to be happening on this pair. The current week's candle is still pretty much inside the previous week's candle. And as long as this is true, we recommend remaining flat, the idea is to wait for a rise above the previous week's highest high to pick a low risk buy order towards 1.24241. A breakout above this level may push price further to the upperside with the next target being 1.27405.

Trade Recommendations:

Buy A break above the previous week's highest high with your take profit at 1.24241.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus