We're upwards as long as the price remains above 1.30095
We're upwards as long as the price remains above 1.30095 | 12 April 2019
12 April 2019, GBP/USD
Wave Analysis:
The cable is currently trading around 1.3057, this pair is currently trading within a contracting wedge formation and as long as the price remains above the zone 1.30095-1.30327, we expect a possible rally to the upperside, a clear breakout below 1.30095 may culminate into a possible bearish price rally towards 1.27925. And on the flipside, as long as the price remains above 1.30327, we expect a possible momentum to the upperside towards the monthly/ weekly resistance level 1.33064.
Trade Recommendations:
We're upwards as long as the price remains above 1.30095
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 .