{"id":950,"date":"2014-02-09T18:35:46","date_gmt":"2014-02-09T18:35:46","guid":{"rendered":"http:\/\/pakistanoffice.com\/live\/?p=950"},"modified":"2016-04-24T09:53:17","modified_gmt":"2016-04-24T09:53:17","slug":"gbpusd-wave-analysis-and-forecast-for-07-02-14-02","status":"publish","type":"post","link":"http:\/\/www.pakistanoffice.com\/live\/free-forex-technical-analysis-signals\/gbpusd-wave-analysis-and-forecast-for-07-02-14-02","title":{"rendered":"GBP\/USD Wave analysis and forecast for 07.02 \u2013 14.02"},"content":{"rendered":"<p><b>GBP\/USD Wave analysis and forecast for 07.02 \u2013 14.02:<\/b> The pair is likely to decline. <b>Estimated pivot point is at the level of 1.6626. <\/b><br \/>\n<b>Our opinion:<\/b> In the short-term: sell the pair with the target of 1.62. In the medium-term: wait for the formation of upward correction.<br \/>\n<b>Alternative scenario:<\/b> Breakout of the level of 1.6626 will enable the pair to continue growth in the uptrend .<br \/>\n<b>Analysis:<\/b> It is not excluded that medium-term reversal towards correction is being formed. It is assumed that the formation Zigzag in the first wave (daily time-frame) has completed. Locally, downward momentum as the first wave is ongoing, however it is nearing completion and at the moment upward correction in the second wave may be generated.<\/p>\n<p><a href=\"http:\/\/pakistanoffice.com\/live\/wp-content\/uploads\/2014\/02\/GBPUSD-Wave-analysis-and-forecast-for-07.02-\u2013-14.02-02.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-952\" alt=\"GBPUSD Wave analysis and forecast for 07.02 \u2013 14.02 - 02\" src=\"http:\/\/pakistanoffice.com\/live\/wp-content\/uploads\/2014\/02\/GBPUSD-Wave-analysis-and-forecast-for-07.02-\u2013-14.02-02.png\" width=\"640\" height=\"438\" \/><\/a> <a href=\"http:\/\/pakistanoffice.com\/live\/wp-content\/uploads\/2014\/02\/GBPUSD-Wave-analysis-and-forecast-for-07.02-\u2013-14.02-01.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-951\" alt=\"GBPUSD Wave analysis and forecast for 07.02 \u2013 14.02 - 01\" src=\"http:\/\/pakistanoffice.com\/live\/wp-content\/uploads\/2014\/02\/GBPUSD-Wave-analysis-and-forecast-for-07.02-\u2013-14.02-01.png\" width=\"640\" height=\"441\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Wave analysis and forecast for 07.02 \u2013 14.02: The pair is likely to decline. Estimated pivot point is at the level of 1.6626. Our opinion: In the short-term: sell the pair with the target of 1.62. In the medium-term: &hellip; <a href=\"http:\/\/www.pakistanoffice.com\/live\/free-forex-technical-analysis-signals\/gbpusd-wave-analysis-and-forecast-for-07-02-14-02\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":953,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80],"tags":[110],"_links":{"self":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/950"}],"collection":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/comments?post=950"}],"version-history":[{"count":1,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/950\/revisions"}],"predecessor-version":[{"id":954,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/posts\/950\/revisions\/954"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/media\/953"}],"wp:attachment":[{"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/media?parent=950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/categories?post=950"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.pakistanoffice.com\/live\/wp-json\/wp\/v2\/tags?post=950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}