empty
 
 
29.12.2017 10:51 AM
Wave analysis of the GBP / USD currency pair for December 28, 2017

This image is no longer relevant

Analysis of wave counting:

Yesterday's auction of the GBP/USD pair began with an upward movement and reached the level of 1.3430 in the middle of the day after adding 60pp in the price. At the same time, it seems that the currency pair still remained in the formation stage of the increasingly b-shaped wave b, in b, in c and in the 4th. If this is the case, the currency pair may continue to rise in quotes and test the level of 1.3450 to complete the entire wave b, in c, and in the 4th.

Objectives for building a downward wave:

1.3291 - 23.6% Fibonacci retracement

1,3200

Goals for building an upward wave:

1.3480 - 11.4% Fibonacci retracement

1.3600

General conclusions and trading recommendations:

The construction of the downward wave 4 continues in the upward trend section. Now, it is possible to move in the lateral channel between 33 and 34 figures within the wave b, in b, in c, and in 4th, which makes the internal wave structure even more noticeable.
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