We're waiting for a sell from the upper trendline towards 1.38635. | 05 Agosto 2021
05 Agosto 2021, GBP/USD
Wave Analysis:
the British pound is currently pulling back to the upperside. As long as the price does not clearly breakout above the upper trendline, we are waiting for a rebound from the upper trendline to pick a possible long term sell position towards then lower trendline and may breakout below it. If you are looking at this chart right now, we are looking for a possible long term sell position towards 1.37765 and may extend much lower towards 1.36.
Trade Recommendations:
We're waiting for a sell from the upper trendline towards 1.38635.
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.
