Expect a spike even higher | 20 Febrero 2019

20 Febrero 2019, GBP/USD

Expect a spike even higher

Wave Analysis

Perfectly as previously forecasted, the cable spiked to the upperside and is still pretty much bullish both on the daily and the weekly charts. Following the previous day's spike to the upper side, this pair is still very bullish. However, instead of looking for a buy order now, conservative traders should wait for a possible retracement back to 1.29765 to pick a low risk buy order with an ideal target at 1.3215. This pair is still very bullish even on the monthly chart and therefore, chances of continuing even higher are very higher.

Trade Recommendations:

Wait for a retracement to pick a buy order.

BECOME FRESHFOREX ANALYST!

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.