Wait | 02 июля 2018

02 июля 2018, GBP/USD

Wait

Wave Analysis

During the previous week, the cable dropped massively and even went below the previous week's lowest low, but ended up closing very few pips below its opening price. The previous two week's candles are bullish pin bar candles, which means the cable is beginning to loose the momentum to the lower side. We're looking forward to a long term buy especially if the price can breakout above 1.32965, but as it is, we choose to remain on the sidelines and wait for a buy along the previous week's lowest low.

Trade Recommendations:

Wait.

101% Double the volume

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Bob Stan
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