26 February 2021, GBP/USD
Wave Analysis
The British pound continues to correct itself to the lowerside and is now below 61.8% fib level. At this rate, we are expecting a possible break and close below the swing low 1.38540 and could breakout much lower/ If the price breaks and closes below 1.36480, then this will be a good place to consider a possible long term sell position towards 1.3560. On the flip side, only a clear breakout above the level 1.42460, will be a good place to consider a possible long term buy position towards 1.42950.
Trade Recommendations:
Expect a rally towards 1.38540.
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 
cn 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
