We're sellers towards 1.30 or even lower. | 13 Diciembre 2021
13 Diciembre 2021, GBP/USD
Wave Analysis
The British pound continues to rally to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As it is right now, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is an extension of the last impulsive wave (v) to the lowerside and should break below 1.31185 and may extend much lower with the next ideal target set around 1.30 and may extend much lower.
Trade Recommendations:
We're sellers towards 1.30 or even lower.
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.
