Wait | 14 Julio 2020

14 Julio 2020, GBP/USD

Wait

Wave Analysis

Few days ago, the British pound established a swing high around 1.26700. As long as the price does not clear breakout and close above this swing high, we choose to remain on the sidelines, we are expecting the current rally to the lower side to be the continuation of the corrective wave (c) but should not go beyond 50.0% fib level, but should the price breakout and close below this level, then further momentum to the lowerside is expected, as it is now, you may see a bounce from 38.2% which may be a good buy place.

Trade Recommendations:

Wait

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.