Buyers gaining control | 12 Januari 2018

12 Januari 2018, GBP/USD

Buyers gaining control

Wave Analysis:

During the previous trading day, the cable rallied with an increasing bearish momentum and even hit the lows of 1.3456 but ended up closing above its opening price. The previous day's candle is perfect bullish candle and as long as the price remains above 1.3507, we expect a possible bullish momentum towards 1.41 and should extend higher to 1.4509. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upper side but should not go beyond 1.45. This pair has a strong positive correlation to GBPHKD and GBPMXN. These pairs have a strong correlation of up to +63% with the cable and will move in the same direction today.

Trade Recommendations:

Look for a long position with your target at 1.4509

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.