We are on the sidelines. | 08 Abril 2022

08 Abril 2022, GBP/USD

We are on the sidelines.

Wave Analysis:

This pair is currently on a downtrend, the price has been rallying to the lower side.Recently the price bounced off from the upper trendline at the corrective wave cycle four towards the lower side in continuation of the impulsive wave cycle five. As at now,the price is around the lower trendline, I expect a break below the lower trendline and the price to continue short.Should the price rebound to the upper side from where it is currently then I expect it to go upto the upper trendline towards 1.3580.

Trade Reccommendations:

We are 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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus