Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

August 14, 2020 at 03:30PM

• GBPUSD reversed from round support level 1.3000

• Likely to rise to 1.3200

GBPUSD recently reversed up from the round support level 1,3000 (which reversed the price multiple times from the start of August, as can be seen below).

The upward reversal from the support level 1,3000 continues the active short-term impulse wave 5 of the (C)-wave from June.

GBPUSD is likely to rise further toward the next resistance level 1.3200 (which stopped the previous sharp impulse wave 3).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/gbpusd-wave-analysis-14-august-2020-20200814/
Selected by fonecable.com

Search Web: GBPUSD Wave Analysis – 14 August, 2020

Recent Posts


Related Listening

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published. Required fields are marked *