Place a pending Buy limit order around 1.30168. | 09 Januari 2020
09 Januari 2020, GBP/USD
Wave Analysis
So far, nothing much appears to be happening on this pair, We expected a possible decline towards 1.30168 but so far, nothing appears to be happening, we are waiting for a possible decline towards 1.30169 to pick a long term buy order with an ultimate target around 1.35230. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upper side and could break above 1.35230 towards 1.36185. This view can only be invalidated in case the price breaks below 1.30168 towards 1.21860.
Trade Recommendations:
Place a pending Buy limit order around 1.30168.
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.
