Wait | 12 نوفمبر 2020
12 نوفمبر 2020, GBP/USD
Wave Analysis
Yesterday, the British pound continued to the upper side but failed to break above 1.33195, after a rebound from around this level, the British pound continued to the lower side and is currently around the lower trend line. If the current candle closes below the supportive trend line then this will be a good place consider a possible sell position with an ultimate target around 1.31134. A breakout below this level will mean we are continuing to the lower side with an ultimate target set around 1.30737.
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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.
