We're short for now | 14 Agosto 2023

14 Agosto 2023, GBP/USD

We're short for now

GBPUSD is currently very bearish, as depicted on the chart above. The market is still in an impulsive phase, and it's currently in the process of forming the impulsive wave 'V'. Our expectation is for the price to drop down to "1.2480". It's important to note that this zone serves as our target for the major impulsive wave 'V'. Furthermore, it's crucial to mention that if the price were to break above the resistance zone '1.2818' in an impulsive manner, this setup would be invalidated. For now, you can consider placing a short position with a target range of (1.2579-1.2480).

Trade Recommendations:

We're short for now

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.