GBP/USD. Beginning of a Corrective Decline. | 16 Julio 2024

16 Julio 2024, GBP/USD

GBP/USD. Beginning of a Corrective Decline.

The pound, like the euro, did not miss the opportunity to further strengthen its position. During the last trading day, the British currency rate against the dollar rose again, simultaneously updating the current year's high.
Considerable effort has been expended on this entire upward segment. With the goal of updating the year's high achieved, a pullback movement is highly likely. It is assumed that during the last trading day, wave 1 of [iii] completed its development.
In the near future, we should see a corrective decline in wave 2. Therefore, it is worth considering the possibility of making selling deals at current market levels.
Investment idea: sell at 1.2960, stop loss at 1.2985, take profit at 1.2860.

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.