Wait | 13 سبتمبر 2019

13 سبتمبر 2019, GBP/USD

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Wave Analysis

Even after breaking and closing below 1.22357, the cable is still not clearly headiong to the lowerside, as it is on the monthly chart, we're still within our sellers teritiry and in case the current month's candle closes above this level, then this will; mean we're heading to the upperside, but should price pullback down and close below 1.22357, then we're continuing short towards 1.13735. On the flip side, we'll be expecting a possible bullish rally towards 1.42, that is, in case the price closes above 1.22357.

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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.
Bob Stan
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