Sell A breakout below 1.27644. | 22 September 2020

22 September 2020, GBP/USD

Sell A breakout below 1.27644.

Wave Analysis

During the previous trading day, the British pound rallied to the lowerside and is still pretty much bearish. As it is now the chart attached, we are expecting a possible breakout below 1.27644 to confirm that we are continuing to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (v) to the lowerside and should breakout below 1.26855 towards 1.254 or even lower. A bounce from 1.27644 will mean the unfolding of a correction to the upperside.

Trade Recommendations:

Sell A breakout below 1.27644.

Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus