GBPUSD. Look for long term sell orders | 02 Agosto 2019

02 Agosto 2019, GBP/USD

GBPUSD. Look for long term sell orders

Wave Analysis

Since the beginning of this week, the cable has been in an active downtrend and is still pretty much bearish both on the 4 hours and the weekly charts, As long as the price remains below the level 1.22460, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of both the inner impulsive wave (v) and the outer wave 5. As it is, on the 4 hours chart, we recommend looking for long term sell, orders with an ultimate target at 1.20400 and could extend even lower.

Trade Recommendations:

Look for long term sell orders

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.