We're short | 07 Agustus 2018
07 Agustus 2018, GBP/USD
Wave Analysis
Since the beginning of this week, the cable has been rallying to the lowerside and is still pretty much bearish both on the daily and the weekly charts. As long as the price remains below 1.300, we expect a possible momentum to the lower side. The anticipated bearish price rally is the continuation of the impulsive (c) to the lowerside and should break below 1.27252, if this is the case, then we'll expect a possible momentum further to the lowerside with the next ideal take profit at 1.2000
Trade Recommendations:
We're short
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
