xpect a possible bearish price rally towards 1.27735. | 22 Agosto 2017

22 Agosto 2017, GBP/USD

xpect a possible bearish price rally towards 1.27735.

Wave Analysis

After a slight consolidations last week, the impulsive wave (c) traded slightly to the lower side but is yet to hit our target take profit at 1.27735. During this intraday, we expect a rally towards the daily support level 1.27735. As long as this level protects the lower side, we expect a possible rebound from this level to long this pair towards 1.3024, if this level is broken, then the price could move further to the lower side towards 1.2440. This pair should be traded alongside GBPCHF, AUDUSD, NZDUSD and GBPAUD. These pairs have a strong positive correlation of up ro +71% and will move in the same direction during this intraday.
Trade Recommendations:
Expect a possible bearish price rally towards 1.27735.

FreshForex cancels commissions!

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus