We are sellers towards 1.2975. | 15 Abril 2022

15 Abril 2022, GBP/USD

Wave Analysis:

During the previous trading days,the price rallied to the lower side massively but it eventually rebounded to the upper side in continuation of the corrective wave cycle four.Currently the price is rallying to the lower side, I expect a further bearish momentum towards 1.2975 or even much lower in continuation of the impulsive wave cycle five.If you are looking at this pair right now,pick sell positions from 1.3073 towards 1.2975.

Trade Reccommendations:

We are sellers towards 1.2975.


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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