Sell a rebound from 1.35762 towards 1.34655. | 28 ديسمبر 2020
28 ديسمبر 2020, GBP/USD
Wave Analysis
Following the slight gap which was seen earlier today, the British pound failed to break above 1.35762. As it is now, we are on a correction mode, we are expecting a possible extension of the impulsive wave (c) to the lowerside and should breakout below the lower trendline and should extend much further to the lowerside and should break below 1.34655. This view will only be invalidated in case the price breaks and closes above 1.35762, if this is the case, then further momentum to the upperside towards 1.36143.
Trade Recommendations:
Sell a rebound from 1.35762 towards 1.34655.
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.
