19-02-2016 16:00 via liteforex.com

GBP/USD: Wave analysis and forecast for 19.02 – 26.02

Forex analytics: GBP/USD: Wave analysis and forecast for 19.02 – 26.02: Downtrend continues.Estimated pivot point is at the level of 1.4580. Our opinion: Sell the pair below the level of 1.4580 with the target of 1.3950. Alternative scenario: Breakout and consolidation of the price above the level of 1.4580 enable the pair to continue the rise to the levels of 1.50 - 1.55.Analysis: Presumably, “bearish” ...
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