empty
pt
Pesquisar
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada
Pesquisar
Para Iniciantes Para Traders Para Parceiros Relaxe Sobre a InstaSpot
pt
For Traders
Análise Forex
Wave analysis

05.08.202006:44 Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for August 5, 2020

Exchange Rates 05.08.2020 analysis

We continue to look for a final push higher to 140.35 to complete blue wave iii and set the stage for a temporary sideways correction in blue wave iv towards 137.92 before the pair will rise to 141.86 and possibly even closer to 144.29 as the next major upside target.

Support is seen at 137.92 and then at 137.74.

R3: 140.35

R2: 139.80

R1: 139.20

Pivot: 138.75

S1: 138.34

S2: 137.74

S3: 137.14

Trading recommendation:

We are long GBP from 135.48 and we have our stop placed at 137.00. We will take profit on 50% of our long position at 140.25

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.