We're sellers towards 1.15. | 25 Agustus 2022
25 Agustus 2022, GBP/USD
Wave Analysis:
The British pound continues to accelerate to the lowerside perfectly as previously forecasted. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and may see the price break and close below 1.15830 an could extend much lower. As it is right now, I am looking for sell positions towards the said target.
Trade Recommendations:
We're sellers towards 1.15.
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.
