01 tháng Ba 2018, GBP/USD
Wave Analysis:
The cable is currently trading with an increasing bearish momentum. Today and in the next few days, we expect a possible extension of this bearish wave count to the lower side but should not go beyond the daily support level seen at 1.3612. As long as this level protects the lower side, this is a potential buy place for long term traders and even intraday traders. If this level should be violated, then we expect further bearish momentum and may break below 1.3135 towards 1.2080. This pair should be traded alongside GBPHKD, GBPSGD and NZDUSD.
Trade Recommendation:
We're short towards 1.3617
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