Wait | 24 Oktober 2022
24 Oktober 2022, GBP/USD
Wave Analysis:
During the previous trading day, the British pound rallied to the upperside but is still in an active downtrend. On this chart, we expect nothing but a possible momentum to the lowerside. As it is right now, the current move we were seeing to the upperside is a mere correction, after which, we will be looking for a possible long term sell position towards 1.06 and may likely extend much lower.
Trade Recommendations:
Wait
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.
