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We are sellers.

We are sellers. | 20 April 2022

20 April 2022, GBP/USD

Wave Analysis:

This pair is currently trading in an expanding wedge formation,the price has been rallying within the upper and lower trendline for a while now.Recently the price rebounded from the upper trendline and rallied towards the lower side at the lower trendline in continuation of the impulisve wave cycle five.I expect a further bearish momentum and a break below the lower trendline.

Trade Recommendations:

We are sellers.

Bob Stan
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