We're long | 10 November 2017

10 November 2017, GBP/USD

We're long

Wave Analysis:

Still no active momentum in this pair. During the previous trading day, we expected possible extension of the impulsive wave (1) to the upper side, but as it appears, the cable could continue to stall before continuing upwards as expected. Ideally, we expect a break above 1.3477 to continue long with the impulsive wave (3) to the upper side but should not go beyond 1.4091 or even higher. This pair should be traded alongside GBPAUD, NZDUSD, GBPNZD and EURUSD. These pairs have a strong positive correlation and will move in the same direction today.

Trade Recommendations:

we're long with the first target at 1.3477 and the next at 1.4091

FreshForex cancels commissions!

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.