GBPUSD. Look for low risk buy positions towards the upper trendline. | 07 Agosto 2019

07 Agosto 2019, GBP/USD

GBPUSD. Look for low risk buy positions towards the upper trendline.

Wave Analysis

Nothing much happening on this pair, the cable is still rallying within the rising channel formation. As long as the price remains within this shape formation, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should break above the previous day's highest high towards 1.22435. And on the flip side, should price break below the supportive trendline, the further momentum to the lowerside is expected.

Trade Recommendations:

Look for low risk buy positions towards the upper trendline.

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