Wait | 14 November 2019

14 November 2019, GBP/USD

Wait

Wave Analysis

The cable is still reluctant to make any clear moves to the upperside. Even after a bounce from the lower trendline, we're yet to see any serious moves to the upperside. As long as the price remains above this trendline,we expect a possible momentum to the upperside, the anticipated bullish price rally is the continuation of an impulsive wave count to the upperside and should break above the upper trendline towards 1.3040. And on the flip side, should the price move lower and close below the supportive trendline, then a momentum to the lowerside is expected.

Trade Recommendations:

Wait

TRADE FUEL WITHOUT SWAPS!

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
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 .