We're on the sidelines. | 06 October 2021

06 October 2021, GBP/USD

We're sellers temporarily

Wave Analysis

GBPUSD is currently rallying around 1.362664. As it is right now we are waiting for a clear rebound from the immediate trendline to pick a possible long term buy position back towards 1.40313 and may breakout to the upper side towards 1.43920 and may continue much higher. On the other side, should the price break below the immediate trendline, then we will be setting for a possible sell position towards 1.20952.

Trade Recommendations:

We're on the sidelines.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus