We're waiting for a possible buy from 1.30394. | 06 Maret 2019
06 Maret 2019, GBP/USD
The cable continues to rally to the lower side but should not close below 1.31820, As we mentioned in our previous forecasts, while the price is above the level 1.31820, we expect nothing but a possible momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should break above 1.38335 towards 1.45208. The level 1.45208 is a monthly resistance level and as long as the price below this level we expect we're still downwards.
Trade Recommendations:We're waiting for a possible buy from 1.30394.
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.
