We are sellers. | 30 Juni 2022
30 Juni 2022, GBP/USD
Wave Analysis:
This pair is currently trading on a downtrend, the price has been moving within the upper and the lower trendline for a while now, recently the price rebounded from lower trendline towards the upper side. Right now the price is on the upper trendline, I expect momentum towards the lower side in continuation of the impulsive wave cycle five. On the flipside should the price break above the upper trendline, then we would be looking for buy positions, until then we remain sellers.
Trade Recommendations:
We are 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.
