We're sellers towards 1.03820. | 11 Octubre 2022
11 Octubre 2022, GBP/USD
Wave Analysis
After a rebound from 1.14640-1.14266, Euro rallied to the lowerside and is still showing signs of continuing to the lowerside. On this chart, As long as the price remains below the three moving averages shown above, I am looking for an extension of an impulsive wave count and will see the price rally towards 1.06020 and will extend much lower. As it is right now, we are strictly sellers.
Trade Recommendations:
We're sellers towarrds 1.03820.
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.
