We're sellers towards 1.30065. | 07 اكتوبر 2021
07 اكتوبر 2021, GBP/USD
Wave Analysis
Just as in Euro the British pound is currently in an active downtrend. As it is right now, we are expecting a possible continuation of the last impulsive wave (c) to the lowerside and should breakout below 1.32995 and may continue much lower towards 1.30065. On the flipside, only a clear breakout above the previous day's highest high, then further momentum to the upperside is expected with the next ideal target is set around 1.38.
Trade Recommendations:
We're sellers towards 1.30065.
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.
