Remain long towards 1.39303 | 15 February 2021

15 February 2021, GBP/USD

Remain long towards  1.39303

Wave Analysis

The British pound is currently in an active up trend. While we continue to see sustenance above the Alligator indicator attached, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and should breakout above 1.39303. If you are looking at this chart now, keep looking for a long term buy position expecting a break above this level towards the upper side. On the other hand, should the price break below 1.37351, then this will be an ideal place to consider a possible long term sell position.

Trade Recommendations:

Remain long towards 1.39303

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.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .