We are sellers with our take profit at 1.3020. | 19 January 2022

19 January 2022, GBP/USD

We are sellers with our take profit at 1.3020.

Wave Analysis:

As previously forecasted this pair has been rallying between the upper and the lower trendlines. The price is currently around the upper trendline. This is a good place to pick a sell with an ideal target at 1.3020,should the price break and close below that level then we expect to continue to the lower with strong bearish momentum.

Trade Recommendation:

We are sellers with our take profit at 1.3020.

Bob Stan
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