Wait. | 06 May 2022

06 May 2022, GBP/USD

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Wave Analysis:

This pair has been rallying towards the lower side for quite sometime now,during the previous forcast,we had ancicipated a break below the lower trendline.As at now the price is still rallying along the lower trendline,I expect a clear break below the lower trendline and a further bearish momentum.If you are looking at this pair right now,wait for a clear break below the lower trendline then pick a sell position.

Trade Recommendations;

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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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