Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/GBP reached buy target 0.8900
2019-11-11 • Updated
- EUR/GBP reached buy target 0.8900
- Next buy target - 0.9000
EUR/GBP continues to rise after the earlier breakout of the resistance level 0.8900 (which reversed the previous waves A and (b) and which was set as the buy target in our previous forecast for this currency pair). The breakout of the resistance level 0.8900 should accelerate the active minor impulse wave C, which belongs to the intermediate ABC correction (B) from the middle of September. EUR/GBP is expected to rise to the next buy target at the next round resistance level 0.9000.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...