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We're sellers

We're sellers | 22 September 2021

22 September 2021, GBP/USD

We're sellers

Wave Analsis:

During the previous trading day, the British pound rallied to the lowerside but is currently bouncing off from a major support level 1.36040. This is a ket level and while the price does not clearly break and close below it, we're waiting for a rebound from it to pick a possible low risk buy position. In case it is violated to the lowerside, then we are looking for a possible long term sell position towards 1.35 and may breakout much lower.
Trade Recommendations:
We're sellers towards 1.35
Bob Stan
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