We're on the sidelines. | 20 Diciembre 2021

20 Diciembre 2021, GBP/USD

We're on the sidelines.

Wave Analysis

During the previous trading day, the British pound rallied to the lowerside and is now within the range 1.32676-1.31947. While the price remains within this range, we are waiting for a sell from around 1.32676 and buy from 1.31947. If the price breaks and close below the lower level, then we will be looking for a possible long term sell position towards 1.31335 and may continue much lower. On the flipside, a break above 1.33667, then we will be looking for a possible long term buy position towards 1.34035.

Trade Recommendations:

We're on the sidelines.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.