22 February 2021, GBP/USD
Wave Analysis
The British pound is currently in an active uptrend. As long as the price remains above the Alligator indicator, expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsivewave (5) to the upperside and should breakout above1.40750 towards 1.41 and could breakout much higher. As it is now, if you are not already in a long position, wait for a pullback towards the Alligator indicator to pick a low risk buy position. This view can only be invalidated in case the price breaks below the blue Aliigator indicator if this is the case, then a momentum much lower is expected.
Trade Recommendations:
Wait for a pullback to pick a possible low risk buy position.
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 
kz 
ua 
tj 
uz 
az 
ms 