We are short. | 10 June 2022

10 June 2022, GBP/USD

We are short.

Wave Analysis:

During the previous forecast we had anticipated a further bearish momentum from the upper trendline towards the lower trendline in continuation of the impulsive wave cycle five. The price is still around the upper trendline, If you had picked a sell hold with your take profit at 1.1720.Unless the price breaks above the upper trendline, then we remain sellers from 1.2495 towards 1.1720.

Trade Recommendations:

We are short.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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