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We're sellers towards 1.10588.

We're sellers towards 1.10588. | 04 November 2022

04 November 2022, GBP/USD

We're sellers towards 1.10588.

Wave Analysis:

During the previous trading day, the British pound rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts, as it is right now, I expect nothing butt a possible momentum to the lowerside. This is the continuation of the previous correction and may see the price break below 1.10588 towards 1.09 or even lower. On this we expect nothing but long term sell orders.

trade Recommendations:

We're sellers towards 1.10588.

Bob Stan
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