We are sellers towards 1.2905. | 18 Marzo 2022

18 Marzo 2022, GBP/USD

We are sellers towards 1.2905.

Wave Analysis:

The Great British Pound is on a downtrend,the price is currently on a corrective wave count four.We expect the price to continue to the lower side towards 1.2905,the anticipated bearish move is a continuation of the impulsive wave cycle five.On the flip side, should the price break above the upper trendline clearly then we will be buyers from 1.3156 towards 1.3415.

Trade Reccommendations:

We are sellers towards 1.2905.


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.
Bob Stan
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