Remain short towards 1.37040. | 22 Abril 2021
22 Abril 2021, GBP/USD
Wave Analysis
We continue to see further momentum to the lowerside perfectly in line with what we said during the previously trading day. As it is now, we are looking for long term sell position expecting the price to breakout below 1.38510. As it is now, we expect further momentum to the lowerside towards 1.37040. And on the flipside, should the price breakout above 1.40043, then further momentum to the lowerside is expected with an ideal target set at 1.41450 and may extend even further.
Trade Recommendations:
Remain short towards 1.37040.
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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.
