We are sellers. | 26 January 2022

26 January 2022, GBP/USD

We are sellers.

Wave Analysis:

During the continuation of the corrective four wave cycle to the upper side, the GBP tried to break above the resistance level 1.3676-1.3624, but the price continued to the lower side.As long as the price remains below the resintance level, we expect a further momentum to the lowerside towards 1.3000 and may see the price break below the lower trendline and continue even much lower.

Trade Reccommendations:

We are sellers.

Bob Stan
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