Mon, Nov 25, 2024 @ 20:39 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisGBPUSD Trading In An Impulse

GBPUSD Trading In An Impulse

Elliott Wave Financial Service
By Elliott Wave Financial Service

Cable is making a strong rise away from 1.2364, clearly in impulsive fashion which can see an extension up to 1.3040 area for wave C. In the meantime be aware of short-term set-back which will be seen as fourth sub-wave within an uptrend. We see market in bullish mode now as long as pair trades above 1.2620.

GBPUSD, 4H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.