The cable Still bullish | 28 Marzo 2017

28 Marzo 2017, GBP/USD

The cable Still bullish

Wave Analysis:

Yesterday, the cable traded massively to the upper side but has currently retraced back to a key short term support level 1.2556. We're waiting for a perfect rebound from this level long with our previous target still intact at 1.2725. The anticipated upward rally is the continuation of the impulsive wave (5) and should be extensive wave in nature but must not go beyond 1.2725. This upward rally is supported buy the fact that the daily chart is pretty much bullish and is developing a similar rally to the upper side.
Expect a similar wave count in EURUSD and GBPHKD. These pairs will have similar price action during this intraday.

Trade Recommendations:

We're long with an ideal target at 1.2725.

Trade the Markets Online with us on March 29!

FreshForex cancels commissions!

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