Buy a break above 1.33015 towards 1.45206. | 21 Maret 2019
21 Maret 2019, GBP/USD
Wave Analysis
The cable is still struggling below the level 1.33015. This is a key level and as long as the price does not close above it, we expect a possible bounce from 1.33015 to pick a short term sell order towards 1.26781. While the price is contained below 1.33015, you could still look for sell orders, but in case of a breakout above 1.33015, then this will be an ideal place to look for buy orders. The anticipated bullish price rally is the continuation of the impulsive wave(c) to the upperside and should rise beyond 1.38150 towards 1.45206.
Trade Recommendations:
Buy a break above 1.33015 towards 1.45206.
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.
