We are sellers. | 12 Julio 2022
12 Julio 2022, GBP/USD
Wave Analysis;
During the previous trading days, the price broke below the resistance level (1.1921-1.1909).Right now the price is rallying around the lower trendline at the impulsive wave cycle five. If you are looking at this pair right now, wait for the price to retrace back at the resistance level then pick a sell around 1.1909.Unless the price breaks above the resistance level, the bears are control.
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.
