Pending buy limit order at 1.3036 | 25 Februari 2019
25 Februari 2019, GBP/USD
Earlier today, the cable gaped above the Friday's close. We're waiting for a possible correction towards the Fridays opening price to buy this pair. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should break above 1.31045 towards 1.31960. As it is according to the daily chart, we're having a pending buy limit order fixed at 1.3036 with our stop loss below 1.2965, and take profit at 1.3196. If you're long already, you could leave this position open.
Trade Recommendations:Pending buy limit order at 1.3036
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.
