We are sellers from 1.3704 towards target level 1.3015. | 13 Januari 2022

13 Januari 2022, GBP/USD

We are sellers from 1.3704 towards target level 1.3015.

Wave Analysis:

This pair is currently on a corrective mood,Iexpect a rebound from the upper trendline towards the lower trendline in a move to complete the impulsive wave 5, from level 1.3704 to target level 1.3015 or even much lower below that level.Alternatively,if the price breaks above 1.3704 ,I expect to pick a good long term buy position with my target level at 1.3960 or even much higher.

Trade Reccommendation:

We are sellers from 1.3704 towards target level 1.3015.


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.
Bob Stan
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