GBPUSD Elliot Waves Analysis For 26 February 2016 | 26 Februari 2016

26 Februari 2016, GBP/USD

GBPUSD Elliot Waves Analysis For 26 February 2016

Wave Analysis:

GBP/USD is currently on an upward pullback towards 1.4017. A break above 1.4079 will call for further long positions with an ideal target at 1.4149. However, should the price clearly rebound from either resistance levels, 1.4017, 1.4079, or 1.4149, you should go short with you ultimate target at 1.38788. Traders trading this pair should observe closely other positively correlated pairs such as GBP/HKD, GBP/CHF, and GBP/JPY. These pairs have a strong positive correlation of up +0.89 and are thus expected to have similar chat setups. Only buy or sell pound if all the other positively correlated pairs are giving the same signal.

Trade Recommendations:

Expect a rebound from either 1.40172 or 1.4079 for you to go short with your ultimate target at 1.3878. However, a break above 1.4079 will call for further long positions with an ultimate target at 1.4149.

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.