We're waiting to sell a rebound from the upper trendline towards 1.3070. | 05 Enero 2022
05 Enero 2022, GBP/USD
Wave Analysis
Yesterday, the British pound rallied to the upperside but is still below the zone 1.3673-1.3619. As long as the price remains below this zone, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave count and may see the price break below 1.3870 and may extend much lower with the next ideal target set around 1.29.
Trade Recommendations:
We're waiting to sell a rebound from the upper trendline towards 1.3070.
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.
