Buy a bounce from 1.29910 | 09 May 2019

09 May 2019, GBP/USD

We're sellers

Wave Analysis

The previous day's forecast stated that the cable was to decline according to the chart above, So far, the cable declined perfectly as expected and is still very much bearish both on the daily and the weekly charts. However, there's level 1.29910 which price must clearly break below and confirm that we're short. As it is, a possible bounce from 1.29910 is highly likely, if this is true, then we'll wait for a buy signal to pick a low risk buy opportunity towards 1.33280, a break below will attract a sell.

Trade Recomendation:

Buy a bounce from 1.29910

TRADING STRATEGY FOR FREE!

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