Wait | 10 سبتمبر 2021
10 سبتمبر 2021, GBP/USD
Wave Analysis
Currently, The British pound is within an widening wedge formation. Following the rebound from the lower trendline, the British pound continued to the upperside but is currently approaching a key resistance zone 1.40069-1.39012. If the price breaks above this zone, then further momentum to the upperside is expected. towards the upper trendline, On the flipside, should the price break below the lower trendline, then further momentum to the lower is expected.
Trade Recommendation:
Wait.
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.
