empty
 
 
09.10.2018 06:04 PM
Wave analysis of GBP / USD for October 9. The news background still supports the pound, but how long will it last?

This image is no longer relevant

Wave counting analysis:

In the course of trading on October 8, the GBP / USD currency pair fell by several dozen points, while remaining presumably at the stage of building the wave 5 of the uptrend trend. If this is true, then the increase in quotations will continue with targets that are near 100.0% of the Fibonacci level, built on the size of wave 4, and higher. Breaking the minimum of the expected wave 4 will complicate the entire uptrend of the trend and will require adjustments to the current wave marking.

The objectives for the option with purchases:

1.3295 - 100.0% of Fibonacci

1.3397 - 127.2% of Fibonacci

The objectives for the option with sales:

1.2922 - 0.0% of Fibonacci

General conclusions and trading recommendations:

The currency pair GBP / USD presumably continues to build wave 5 of the uptrend trend. Thus, now I recommend continuing to buy a pair with targets located near the estimated marks of 1.3295 and 1.3397, which corresponds to 100.0% and 127.2% in Fibonacci. I recommend selling the pair only on condition of a successful attempt to break through the level of 0.0% according to Fibonacci, which will lead at least to the complication of the whole part of the trend.

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 $9000 más!
    ¡En Mayo, sorteamos $9000 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