Start
trading

Main >
Datos analíticos de Forex
>
Pronóstico Fresco
>
Elliott waves for Forex correlation analysis
>
GBP/USD. Development of the Third Wave of the Upward Impulse is Expected.

GBP/USD. Development of the Third Wave of the Upward Impulse is Expected. | 26 June 2024

26 June 2024, GBP/USD

GBP/USD. Development of the Third Wave of the Upward Impulse is Expected.

While the euro faced strong pressure and retreated slightly, the pound traded relatively calmly, maintaining its previously reached levels. It is likely that we are currently observing a correction on smaller time frames.
In the near future, we may see the resumption of an upward directed movement, driven by the formation of wave [iii] of the upward impulse. There is also a possibility that this wave will extend, making the movement much more prolonged and interesting for buying opportunities.
Therefore, it is recommended to consider entering long positions at the current market levels.
Investment Idea:
Action: Buy Entry Level: 1.2690 Stop Loss: 1.2665 Take Profit: 1.2840
Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in

Show password

Hide password

 Forgot password?
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .

Our best awards:

Trustpilot
FreshForex is a brand that provides access to online trading for clients from more than 200 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.