We are short. | 20 June 2022
20 June 2022, GBP/USD
Wave Analysis:
During the previous trading days, the price rallied within the upper and the lower trendline for a while, recently the price rebounded from the impulsive wave cycle three towards the upper side at the corrective wave cycle four. As at now the price is rallying towards the lower side, I expect it to go upto around 1.0685 or even much lower in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a sell from 1.2228 towards 1.1685.
Trade Recommendations:
We are short.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
