Look for long term buy positions towards 1.41980 | 12 Mei 2021
12 Mei 2021, GBP/USD
Wave Analysis
Earlier today, the British attempted to go below 1.41053 but could not breakout any lower. As long as the price remains above 1.41053, we are still in an active up trend. We expect the rebound from 1.41053 to be the end of the corrective wave (D) that the current bullish price rally is the continuation of the impulsive wave (E) to the upperside and should breakout above 1.41620 towards 1.41980 or even higher. As it us now, we are looking for a possible long term buy positions towards 1.42 and may extend much higher.
Trade Recommendations:
Look for long term buy positions towards 1.41980
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.
It’s easy to get the portfolio:
1. Make a deposit of $80 or more until May 30.
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.
