GBP/USD Technical Analysis For 2nd September 2015, H4 | 02 Septiembre 2015

02 Septiembre 2015, GBP/USD

Technical View:
GBP/USD is currently trading with a bearish bias. The pair broke down below a key level 1.5390 and is currently trading below it. It is anticipated that, as long as the pair trades below this level, short positions are recommended. However, should the current wave correct itself upwards and close above the level 1.5390, then long positions are recommended but only upto the 23.6% fib level.

Trade recommendations:

If you haven't bought the pair already, then wait for the current wave to correct itself upwards only up to 1.5390, then sell at that point. As a caution, below selling at this level, ensure that NZD/USD is also showing a sell signal. The two pairs are positively moderately correlated (+0.65).

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