We're sellers for now | 23 Agosto 2023
23 Agosto 2023, GBP/USD
GBPUSD: Our bearish sentiment remain
s strong as the market approaches the completion of the major 'V' wave. Currently, the market is in the process of forming the impulsive 'V' wave. Our projection is for the price to decline from 1.2721, potentially reaching as low as 1.2480, this is a support zone. This level serves as the target for the culmination of the major impulsive 'V' wave. If you're considering a short position, it's appropriate to enter now, targeting a range between 1.2579 and 1.2480.
Trade Recommendations:
We're sellers for now
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.
