We're sellers towards 1.17060 | 23 Agustus 2022
23 Agustus 2022, GBP/USD
Wave Analysis:
Yesterday, the British pound continued to rally to the lowerside and is still showing signs of continuing much lower. As it is right now, there is a strong positive correction between EURUSD and the British pound. As long as we continue to see sell opportunity on any one of these, we will maintain a sell on the other one. Generally this chart is very bearish and chances of continuing short are very high.
Trade Recommendations:
We're sellers towards 1.17060
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.
