Bulls in control | 09 Enero 2018

09 Enero 2018, GBP/USD

Wave Analysis:

On the weekly chart above, the cable is currently trading with an increasing bullish momentum. We expect the level 1.3061 to have marked the end of the corrective wave (iv), that the current bullish price movements is the unfolding of the impulsive wave (v) and should continue during the course of this week and even in the coming weeks. As long as the price remain above 1.3303, we expect a possible bullish price movements and should break above 1.4270 towards 1.4559. This pair should be traded alongside GBPAUD, GBPCHF, GBPNZD and GBPHKD. These pairs have a strong positive correlation and will move in the same direction today. Only buy or sell the cable if the other pairs are giving the same signal.

Trade Recommendations:

Remain long with your target at 1.4559

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