We're sellers | 16 Septiembre 2022
16 Septiembre 2022, GBP/USD
Wave Analysis:
The British pound is currently in an active downtrend. As long as the price remains below the two moving averages attached, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of an impulsive wave count and should se price create fresh new weekly lowest low towards 1.0 and may head much lower. On this chart, only sell positions looks ideal and can safely be recommended.
Trade Recommendations:
We're 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.
