We're short for now. | 26 September 2023

26 September 2023, GBP/USD

We're short for now.

During the previous trading day, the British pound rallied to the lowerside and is still showing signs of continuing to the lowerside. As long as the price remains below the previous day's lowest low, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and may see the price accelerate much lower with the next ideal target set around 1.10.

Trade Recommendations:

We're short for now.

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