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Wait for sell orders

Wait for sell orders | 10 Enero 2023

10 Enero 2023, GBP/USD

Wait for sell orders

Wave Analysis

GBPUSD has been on an uptrend for the last few days, the trend seems to be changing as buyers get exhausted. Currently, the market is at major wave V which is 1.21919, I expect the price to move this level to the downside in a corrective 3wave pattern, I expect the price to move from 1.21919 to 1.21358 which will probably be the minor corrective wave a followed by by a correction to the upside up to minor corrective wave b,1.21814

Trade Recommendations:

Wait for sell orders

Bob Stan
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