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We are sellers. | 30 March 2022

30 March 2022, GBP/USD

Wave Analysis:

The Great British Pound is currently trading within the upper and the lower trendline in a down trend.Previously the price rebounded from the upper trendline and its rallying towards the lower side,I expect a furher bearish momentum towards 1.3005 or even much lower.The anticipated bearish move is as a continuation of the impulsive wave cycle five.If you are looking at this pair right now look for short term sell positions around 1.3102 towards the lower trendline.

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We are sellers.

Bob Stan
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