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We're sellers temporarily

We're sellers temporarily | 05 October 2021

05 October 2021, GBP/USD

We're sellers temporarily

Wave Analysis

Just as in the Euro, nothing much happened with the British pound, as we said previously, we're looking for further momentum to the lowerside but should not break below the immediate trendline, if this is the case, then we'll be looking for further momentum to the lowerside but should not go beyond 1.20952. If the price rebounds from the same trendline, then this will be a good place to consider a possible momentum to the upperside towards 1.40313.

Trade Recommendations:

We're sellers temporarily

Bob Stan
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