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Our sellers are around 1.3315

Our sellers are around 1.3315 | 05 April 2019

05 April 2019, GBP/USD

Wave Analysis

During the previous trading day, the cable failed to reach our target sell point set at 1.3315. As long as the price remains below 1.33015, we're looking for a possible long term sell towards the level 1.26781. A Conservative approach is not to look for a sell now, rather wait for a possible correction towards the area we're supposed to sell at, 1.33015, the pick a sell with your stop loss above last month's highest high. With this sell, expect a steep decline towards 1.26781, and may breakout even lower towards 1.18450.

Trade Recommendations:

1.3315 is still a good sell point towards 1.26781.

A lot of interesting information on the webinar!

Bob Stan
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