Remain long with your first target at 1.3483 | 28 Desember 2017

Wave Analysis:

The cable is slowly gaining an upward momentum. Yesterday, a significant move was seen to the upper side thus, even during this intraday, we still expect further momentum to the upper side and should break above 1.3483. If you went long based on the previous day's forecast, you'd better remain long on this position. If you're not long already, you could wait for a break above 1.3483, then long the next impulsive wave (3) with your target at 1.4365. On the daily chart above, only long positions looks more ideal and can be recommended. While we'll be looking to buy this pair, other positively correlated pairs such as GBPHKD, GBPMXN and GBPCHF should be observed for similar positions.

Trade Recommendations:

Remain long with your first target at 1.3483 and the next target at 1.4365.