Buy a rebound from the lower trendline towards the upper trendline. | 03 Juni 2021

03 Juni 2021, GBP/USD

Buy a rebound from the lower trendline towards the upper trendline.

Wave Analysis

The British pound in currently rallying around a significant supportive trendline. While the price remains above this trendline, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of an impulsive wave count and could see price break above the upper trendline towards 1.43730 or even higher. And in case the price breaks and closes below the same trendline, then further momentum to the lowerside is expected with an ideal target set at 1.40299.

Trade Recommendations:

Buy a rebound from the lower trendline towards the upper trendline.

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.