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Wait. | 16 March 2022

16 March 2022, GBP/USD

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Wave Analysis:

During the previous trading days,the Great British Pound rallied around the upper trendline but eventually bounced off to the lower side in continuation of the impulsive wave cycle five.The price is currently around the lower trendline we expect it to break below the lower trendline and continue downwards.If you are looking at this chart now,wait for a clear break below the lower trendline then pick sell positions.

Trade Reccpmmendations:

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Bob Stan
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