26 January 2022, GBP/USD
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.