03 Septiembre 2018, GBP/USD
Wave Analysis
For almost two weeks now, the corrective wave (b) stretched further to the upperside but is still below 1.32969. As long as the price remains below 1.32969, we expect a possible momentum to the lowerside in the long run. However, in the meantime, we're waiting for the corrective wave (b) to extend further upwards and should not go above 1.32969 where we'll be looking to sell the last impulsive wave (c) to the lowerside and should break below 1.21172 but should not go lower than 1.16580. Only a clear break above 1.32969 will attract a long position.
Trade Recommendations:
we're still upwards towards 1.32969.
101% Double the volume
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