We're sellers towards the lower trendline. | 20 سبتمبر 2021
20 سبتمبر 2021, GBP/USD
Wave Analysis
During the previous week on Friday and Thursday, the British pound rallied to the lowerside and is now below the inner shape formation, as it is right now, we are looking for further momentum to the lowerside but should not go beyond the lower trendline. If you are looking at this chart right now, keep looking for long term sell positions. A rebound from the low trendline will be a good place to consider a possible long term buy positions towards around 1.39420.
Trade Recommendations:
We're sellers towards the lower trendline.
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.
