GBPUSD Elliot Waves Analysis For 29 December 2015 | 29 Diciembre 2015

29 Diciembre 2015, GBP/USD

GBPUSD Elliot Waves Analysis For 29 December 2015
Wave Analysis:
GBP/USD is currently trading with a slight Bearish bias. We still expect downward movements to the lower side for wave (b) to close along1.4862. Any clear movements above1.500 will call for long positions with targets along the upper red resistive trend line. Traders trading this pair should observe other pairs such as HKD/JPY for strong negative correlation, and GBP/HKD for a strong positive correlation of up to +0.86. The latter tends to move towards the same direction as pound. Therefore, only buy or sell pound, if the strongly positively correlated pair is giving the same signal.

Trade Recommendation:

As long as the price remains above 1.4964, remain long with targets above 1.500, as long as the price remains below 1.4862, remain short with targets below 1.4994

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