empty
 
 

08.02.201909:54 Forex Analysis & Reviews: Wave analysis of GBP / USD for February 8. Mark Carney left mixed impressions

Long-term review

Exchange Rates 08.02.2019 analysis

Wave counting analysis:

On February 7, the GBP / USD pair gained about 20 bp, which did not affect the current wave counting. Now, we can assume that on the eve, an internal correctional wave was built, consisting of 1 or a new downward trend section. this assumption is true, the decline in quotations will resume with targets located near the 50.0% Fibonacci level, after which I will expect to build a wave of 2 or and. Moreover, an unsuccessful attempt to break through the level of 50.0% will show the pair's corrective wave.

Shopping goals:

1.3216 - 0.0% Fibonacci (formal goal)

Sales targets:

1.2827 - 50.0% Fibonacci

1.2734 - 61.8% Fibonacci

General conclusions and trading recommendations:

Wave pattern involves the construction of the first wave of the downward trend. Thus, I recommend selling the instrument with targets located near the estimated marks of 1.2827 and 1.2734, which corresponds to 50.0% and 61.8% in Fibonacci. On the other hand, news background is still not in favor of the pound sterling. Mark carney's speech is neither positive nor negative.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Chin Zhao,
Analytical expert of InstaForex
© 2007-2022
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。




  • 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
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
    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
现在无法通话?
提出您的问题,用 在线帮助.