We are sellers towards 1.3435. | 09 February 2022

09 February 2022, GBP/USD

We are sellers towards 1.3435.

Wave Analysis:

The Great British Pound has been on a downtrend for a while now ,recently the price moved upwards,this move is a correction of the impulsive wave cycle five and we expect the price to continue to the lower side towards 1.3435.Alternatively should the price continue above 1.3556,then we would be looking at buy positions but as of now we are sellers.

Trade Reccommendations:

We are sellers towards 1.3435.

Bob Stan
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