Elliott waves analysis - GBP/USD. The price may attempt another upward move. от FreshForex

Подробности

Категория: Аналитика брокеров

Опубликовано 08.05.2024 10:01

GBPUSD - Flat The situation with the British currency is almost identical to what we're observing with EUR/USD. Buyers hastily tried to reach new highs but overestimated their strength. As a result, intensified selling pressure pushed the price back to the initial point of the surge. It's possible that waves 1-2 have formed within the emerging

GBPUSD - Flat

The situation with the British currency is almost identical to what we're observing with EUR/USD. Buyers hastily tried to reach new highs but overestimated their strength. As a result, intensified selling pressure pushed the price back to the initial point of the surge. It's possible that waves 1-2 have formed within the emerging extension within wave 3, at a higher time frame. In the near future, buyers may make another attempt to rise, and this time they may consolidate at the achieved levels. Therefore, entering buy positions remains a prospective trading decision. Investment idea: Buy at 1.2560, stop loss at 1.2540, take profit at 1.2700.

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

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