02 February 2021, GBP/USD
Wave Analysis
Few days ago, the British pound established a swing high around 1.37599, following the rebound from this level, the British pound continued to the lowerside and is still pretty much bearish both on the daily on the 4 hours charts. On this chart, we expect to continue to short with the corrective wave (iv) to the lowerside but should not go beyond 1.35349-1.34764. If you are looking at this chart now, we are sellers. Keep looking for possible long term sell positions expecting a break below 1.34764.
Trade Recommendations:
Wait and buy a rebound from 1.35349-1.34764 with your target at 1.37599.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%. 2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 