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Buy the cable with your first target at 1.27400.

Buy the cable with your first target at 1.27400. | 23 Septiembre 2019

23 Septiembre 2019, GBP/USD

Buy the cable with your first target at 1.27400.

Wave Analysis

The cable continues to rally to the upperside despite the previous forecast that this pair could continue massively to the lowerside. We expect the current bullish price rally to be the continuation of the corrective three wave cycle and should not go beyond 1.27400. If this target is breached to the upperside especially with a big green candle, then this will mean we're continuing even further to the upperside with the next ideal take profit being at 1.32550, a break higher could see the price continue upwards towards 1.34300.

Trade Recommendations:

Buy the cable with your first target at 1.27400.

Bob Stan
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