We are sellers towards 1.695. | 17 Junio 2022
17 Junio 2022, GBP/USD
Wave Analysis:
The Great British Pound and the Euro seems to be moving in the same direction on the four hour chart. During the previous trading days, the price rebounded from the impulsive wave cycle three towards the upper trendline at the corrective wave cycle four, right now the price is rallying towards the lower trendline I expect it to go up to 1.1695 or even much lower in continuation of the impulsive wave cycle five.
Trade Recommendations:
We are sellers towards 1.1695.
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.
