We're sellers towards 1.11. | 21 September 2022

21 September 2022, GBP/USD

We're sellers towards 1.11.

Wave Analysis

Perfectly as previously forecasted, the British pound failed to break above the zone 1.14640-1.14266. As long as the price remains below this zone, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and may see the price break below 1.13070 and will likely continue much lower with the next ideal target set at 1.11.

Trade Recommendations:

We're sellers towards 1.11.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus