Elliott waves analysis - GBP/USD. Expectations for the development of the third wave of the upward impulse remain. от FreshForex

Подробности

Категория: Аналитика брокеров

Опубликовано 15.05.2024 11:54

GBPUSD - Flat The situation regarding the GBP/USD pair is currently unfolding within the framework of the expected scenario. It's likely that the development of waves 1 and 2 has concluded, after which the price indicated its intention to rise by beginning to consolidate at an intermediate level. Furthermore, a rise is anticipated, during which

GBPUSD - Flat

The situation regarding the GBP/USD pair is currently unfolding within the framework of the expected scenario. It's likely that the development of waves 1 and 2 has concluded, after which the price indicated its intention to rise by beginning to consolidate at an intermediate level. Furthermore, a rise is anticipated, during which wave 3 of the upward impulse will form. This scenario aligns with the situation unfolding in the EUR/USD pair, where a weakening of the dollar is expected. In such a case, initiating buy positions upon the renewal of the current local maximum could be a very prospective trading decision. Investment idea: Buy at 1.2540, with a stop loss at 1.2510, and a take profit at 1.2800.

You may check other analytical reviews on FreshForex website. Source: freshforex.com.

Материал предоставлен компанией FreshForex Сайт. Отзывы о брокере ФрешФорекс Читайте здесь