We're long for now | 23 Juni 2023

23 Juni 2023, GBP/USD

We're long for now

GBPUSD is currently in a corrective phase, following the ABC corrective pattern. Despite this correction, the overall sentiment remains bullish, at least in the short term, with a target of the minor corrective wave "b" at 1.2841. The market has formed a falling wedge pattern, which is a bullish reversal pattern, extending from major impulsive wave "V" at 1.2846 to minor corrective wave "a" at 1.2690. Given the current price action within the falling wedge, it is anticipated that the market will continue to rise toward the target of 1.2841, potentially forming a reversal pattern, such as a double top, along the way. Following the completion of the reversal pattern, a downward move towards the minor corrective wave "c" at 1.2633 is expected.

Trade Recommendations:

We're long for now

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.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus