Analytics

Breakdown and confident price fixing outside the channel indicates an erroneous interpretation of the emerging wave situation. Probably, at the moment we are facing a large zigzag in which the development of the wave C The indicated wave, as it should, takes a pulsed form.

Traders Forex Reviews Trading Plan 16.10.202115: 27,10110 Forex Analytical Reviews: How to trade a currency pair GBP / USD October 18?

Daily chart: the euro’s upward correction reached the Bollinger average band (1.1635), where there is traditionally strong dynamic resistance, which can provoke a continuation of the downtrend.

Daily chart: the market retains bullish potential, almost completely absorbing the bearish bar formed on Wednesday. ADX remains in a strong zone, so today the price can gain a foothold above the round level of 114.00.

Traders Forex Reviews Trading Plan 15.10.202102: 05 Forex Analytical Reviews: Forecast and Trading Signals for GBP / USD on October 15.