We're sellers. | 10 December 2021

10 December 2021, GBP/USD

We're sellers.

Wave Analysis:

The British pound closed as a bullish candle. However, this is the continuation of a retracement to the upperside but should not go beyond 1.33552. As long as the price remains below this level, I expect nothing but a possible long term sell position towards 1.27930 and may continue much lower. On this chart, sell positions looks ideal and can safely be recommended with the first target at 1.29730 and the next target set at 1.27.
Trade Recommendations:
We're sellers.
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