empty
 
 
22.01.2019 09:39 AM
Wave analysis of GBP / USD for January 22. The situation in the UK causes new sales pound

This image is no longer relevant

Wave counting analysis:

On January 21, the pair GBP / USD rose 20 bps. Estimated wave completed with its construction. If this assumption is true, then the decline in quotations will continue with targets located near the levels of 38.2% and 23.6% Fibonacci. The news background is again on the side of the dollar, since no positive messages come from the UK. Theresa May's Plan "B" is not much different from Plan A, and the confusion over the whole Brexit process is now even greater. In such conditions, it is difficult to count on the growth of the pound sterling.

Shopping goals:

1.2997 - 76.4% Fibonacci

Sales targets:

1.2716 - 38.2% Fibonacci

1.2609 - 23.6% Fibonacci

General conclusions and trading recommendations:

A pair of GBP / USD shows willingness to build a downward set of waves. I recommend now cautious sales of the tool, as at any time new messages may appear on the topic of Brexit, which may affect the wave marking, with targets located near the marks 1,2716 and 1,2609.

Chin Zhao,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback