Wait | 25 Enero 2019

25 Enero 2019, GBP/USD

Wave Analysis

Perfectly as we forecasted few days ago, the cable rose tremendously and is currently just a few pips below our key level 1.31789. We expect a rebound from the level 1.31789, to mark an end to the impulsive wave (v) that any clear move to the lowerside will be the unfolding of a correction to the lowerside. A break above 1.31789, may culminate into a possible rally further to the upperside towards 1.41405. a bounce from the zone 1.31789-1.31307, will call for a short position towards 1.27143.

Trade Recommendations:

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BECOME FRESHFOREX ANALYST!

Bob Stan
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