GBP/USD Forecast: pair bounced off from the upper trendline to the lower trendline

gbp_cfdWave Analysis:

Previously this pair bounced off from the upper trendline to the lower trendline in a move to correct the previous impulsive wave count. Currently the price is on the lower trendline,unless their is a clear breakout below the lower trendline,I expect bullish momentum from the lower trendline towards 1.3925 or even much higher.As of now we are long term buyers.

Trade Reccommendations;

We are buyers towards 1.3925.

We are buyers towards 1.3925.

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply