We're sellers towards 1.03 | 21 October 2022

21 October 2022, GBP/USD

We're sellers towards 1.03

Wave Analysis:

The British pound is currently heading to the lowerside. As long as the price remains below the two moving averages, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of an impulsive wave count and will see the price rally towards 1.03 and will likely extend much lower. On this chart, while the price continues to make lower highs, only sell positions remains ideal and can safely be recommended towards 1.03.
Trade Recommendations:
We're sellers towards 1.03
Bob Stan
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus