Main Quotes Calendar Forum
flag

FX.co ★ GBP/USD wave analysis for February 18, 2011

parent
Forex Analysis:::2011-02-18T11:21:29

GBP/USD wave analysis for February 18, 2011

GBP/USD wave analysis for February 18, 2011

In spite of the recent dynamic decline of the price, yesterday the GBP/USD currency pair did not manage to develop a downside movement and by the end of the day reached Wednesday’s highs near the 1.3180 level. At the same time, the pound has another opportunity to overcome the February 3 high 1.6275 and form a quite complicated wave structure of the 4th wave of the whole uptrend initiated December 28.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...