We're sellers towards 1.40964 | 02 June 2021

02 June 2021, GBP/USD

We're buyers towards 1.42765.

Wave Analysis

The british pound continues to rally to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. if you are looking at this chart right now I recommend looking for long tern sell positions. With this position, we are looking for a possible sell towards 1.40964, 1.39749, and 1.38022. These are the levels where we are waiting for either a rebound to pick a buy, or a break below to pick a sell.
Trade Recommendations:
We're sellers towards 1.40964
Bob Stan
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