01 tháng tư 2019, GBP/USD
gbpusd
Wave Analysis
During the previous week, despite the bullish engulfing candle and the Bullish inside pin bar, This pair failed to breakout above the weekly resistance line 1.33015. This is a key weekly level, and while the price remains below it, we remain hesitant to look for any long positions. But should price close above 1.33015, then we'll be expecting to continue long with the last impulsive wave (c) towards 1.40530 and should breakout even higher towards 1.45206. As it is, a short position towards 1.26781 looks more ideal.
Trade Recommendations:
We're short towards 1.26781.