Wait for sell orders | 10 Januari 2023
10 Januari 2023, GBP/USD
Wave Analysis
GBPUSD has been on an uptrend for the last few days, the trend seems to be changing as buyers get exhausted. Currently, the market is at major wave V which is 1.21919, I expect the price to move this level to the downside in a corrective 3wave pattern, I expect the price to move from 1.21919 to 1.21358 which will probably be the minor corrective wave a followed by by a correction to the upside up to minor corrective wave b,1.21814
Trade Recommendations:
Wait for sell orders
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.
