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We're waiting for a sell.

We're waiting for a sell. | 06 October 2022

06 October 2022, GBP/USD

Wave Analysis

During the previous trading day, the British pound pulled back to the lowerside and is now below 1.14640, on this chart, we are temporarily looking for sell positions. The anticipated bearish price rally is the continuation of a bearish price rally and may see the price continue downwards with the next ideal target set at 1.11230 and may likely extend much lower towards 1.03850.

Trade Recommendations:

We're waiting for a sell.

Bob Stan
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