Place a pending sell limit at 1.33015 with your take profit at 1.33015. | 04 Abril 2019
04 Abril 2019, GBP/USD
Wave Analysis
The cable is slowly approaching our weekly sellers territory. As we said previously, we have a pending sell limit from 1.33015, the current upward rally is a mere correction and should not break beyond 1.33015, so far, we have our weekly sellers around this level, and should price clear breakout above it, then this will be an ideal place to look for a long term buy towards 1.45206. A bounce from 1.33015, will be an ideal place to look for a long term sell towards our weekly target set at 1.26781.
Trade Recommendations:
Place a pending sell limit at 1.33015 with your take profit at 1.33015.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
