We're sellers towards 1.015 | 29 September 2022
29 September 2022, GBP/USD
Wave Analysis:
Last week, the impulsive wave (5) continued to the lowerside and is still showing signs of continuing to the lowerside. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and should see the price break and close below 1.0156 and may likely continue to the lower. On this chart, sell positions still looks ideal and can safely be recommended.
Trade Recommendations
We're sellers towards 1.015
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.
