Wait for a sell from 1.36088 towards 1.34620. | 13 يناير 2021
13 يناير 2021, GBP/USD
Wave Analysis
The British pound continues to correct itself to the upper side but is still below the level 1.36088, As it is now, we expect further correction to the upperside and should break and close above the upper trend line. If the price rebound from the upper trendline then this will be a good place to consider a possible sell position expecting price to rally to the lower side towards the lower trend line and could breakout much lower. If you are on this chart, stay on the sidelines and wait for a rebound from 1.36088.
Trade Recommendations:
Wait for a sell from 1.36088 towards 1.34620.
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.
