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Remain short towards 1.37040.

Remain short towards 1.37040. | 22 April 2021

22 April 2021, GBP/USD

Remain short towards 1.38510.
Wave Analysis
We continue to see further momentum to the lowerside perfectly in line with what we said during the previously trading day. As it is now, we are looking for long term sell position expecting the price to breakout below 1.38510. As it is now, we expect further momentum to the lowerside towards 1.37040. And on the flipside, should the price breakout above 1.40043, then further momentum to the lowerside is expected with an ideal target set at 1.41450 and may extend even further.
Trade Recommendations:
Remain short towards 1.37040.

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