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We're waiting for a sell from around 1.39833

We're waiting for a sell from around 1.39833 | 28 June 2021

28 June 2021, GBP/USD

We're waiting for a sell from around 1.39833

Wave Analysis
Instead of continuing to the lowerside, the British pound continued slightly to the lowerside but is now pulling back to the upperside, we expect this pullback to be the unfolding of a minor correction but should not go beyond 1,39833. If the price breaks and closes above this level, then further momentum to the upperside is expected. On the flipside, if the price rebounds from the level 1.39833, then this will be a good place to consider a possible long term sell position expecting the price to rally much lower towards 1.37981 and may extend much lower.
Trade Recommendations:
We're waiting for a sell from around 1.39833

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