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We are sellers towards 1.3515.

We are sellers towards 1.3515. | 20 January 2022

20 January 2022, GBP/USD

We are sellers towards 1.3515.

Wave Analysis:

This pair has been trading within the upper and the lower trendline for a while now ,currently the price is on the upper trendline and has been rallying around their for the past few hours. We still expect further momentum to the lower side from the upper trendline at 1.3624 towards 1.3515, unless their is a clear break above the upper trendline look for low risk sell positions with an ideal target at 1.3515.

Trade Recommendation;

We are sellers towards 1.3515.

Bob Stan
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