We are short towards 1.3005. | 01 February 2022

01 February 2022, GBP/USD

WaveAnalysis:

Previously the British Pound bounced off from the upper trendline and is currently headed to the lower side ,as it is now we expect strong bearish momentum towards 1.3005 in complition of the impulsive wave count five, or even much lower,the sellers have an upper hand and if you are looking at this pair now we are short.

Trade Reccommendations:

We are short towards 1.3005.

Bob Stan
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