We're long towards 1.4365 | 22 Diciembre 2017

22 Diciembre 2017, GBP/USD

We're long towards 1.4365

Wave Analysis:

During the previous trading day, the cable opened at, 1.3375, went as high as 1.3386 and as low as 1.3330 but ended up closing at 1.3384, just 9 pips above it's opening price. This is a possible bulls domination indication. As long as we're above yesterday's opening price,. we expect a possible bullish price movements towards 1.4365 and even higher. Ideally, we expect a possible higher high formation around 1.3380 to confirm a possible bullish rally towards 1.4365. This pair should be traded alongside GBPMXN, GBPAUD, GBPCHF and GBPHKD. These pairs have a strong positive correlation of up to +72% and will move in the same direction during this intraday.

Trade Recommendations:

Expect a possible bullish price rally towards 1.4365

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.