We're watching for a sell from 1.17669. | 28 October 2022

28 October 2022, GBP/USD

Wave Analysis:

After breaking above the upper trendline, the British pound is yet to hit the level 1.17669. This is a key resistance level and while the price remains below it, we are waiting for a rebound from it to pick a possible long term sell position. A clear break and close above this level will push the price to the upper side towards 1.20 and may likely extend much higher towards 1.21 or even higher.

Trade Recommendations:

We're watching for a sell from 1.17669.

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