We are sellers. | 20 Abril 2022
20 Abril 2022, GBP/USD
Wave Analysis:
This pair is currently trading in an expanding wedge formation,the price has been rallying within the upper and lower trendline for a while now.Recently the price rebounded from the upper trendline and rallied towards the lower side at the lower trendline in continuation of the impulisve wave cycle five.I expect a further bearish momentum and a break below the lower trendline.
Trade Recommendations:
We are sellers.
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.
