empty
 
 
23.01.2018 10:24 AM
Wave analysis of the GBP / USD currency pair for January 23, 2018

This image is no longer relevant

Analysis of wave counting:

Yesterday's GBP / USD trades started from the upward movement, adding about 130 pp in price, and reached the level of 1.3990 at the end of the US session. The current wave situation allows us to assume that such a rise in quotations made the currency pair even more complicated, the internal wave structure of the 5th wave, 3rd, 5th, a, B, C, C, (A ). If this is the case, the breakdown of the level of the 40th figure and the development of the settlement target in the region of 1.4030 mark will still allow the currency pair to complete the turn and pass to the stage of formation of the 4th wave, 5th, a, B, C, C, (A).

The objectives for the construction of the downward wave:

1.3600 - 1.3500

The objectives for building the upward wave:

1.4031 - 685.4% of Fibonacci

General conclusions and trading recommendations:

The construction of the upward trend section continues, but the entire wave counting of the instrument is not entirely unambiguous now. It is now possible to continue raising quotes with targets near the estimated level of 1.4031, which equates to 685.4% of Fibonacci, within wave 5, a, B, C, C, (A). Within the framework of the correctional wave 4, quotations can be retreated from the reached maximum with targets that are around 36 figures.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback