GBP/USD Forecast: pair has been trading within the upper and the lower trendline

gbp_usd_news_1Wave Analysis:

This pair has been trading within the upper and the lower trendline for a while now ,currently the price is on the upper trendline and has been rallying around their for the past few hours. We still expect further momentum to the lower side from the upper trendline at 1.3624 towards 1.3515, unless their is a clear break above the upper trendline look for low risk sell positions with an ideal target at 1.3515.

Trade Recommendation;

We are sellers towards 1.3515.

We are sellers towards 1.3515.

Origin: FreshForex

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply