Sell the British pound from 1.30532. | 21 Septiembre 2020

21 Septiembre 2020, GBP/USD

Sell the British pound from 1.30532.

Wave Analysis

The British pound rallied massively to the lowerside few weeks ago. However, last week, the price pulled back to the upperside but is still below the level 1.30532. Using the levels 1.34450 as the swing high and 1.27600 as the swing low, we are waiting for a possible 30.2% fib level to pick a low risk sell position. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should breakout below 1.26730 towards 1.24420 or even lower. Conservative traders should place pending sell limit orders around 1.30532.

Trade Recommendations:

Sell the British pound from 1.30532.

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