Sell a break below Friday's lowest low. | 30 September 2019

30 September 2019, GBP/USD

Sell  a break below Friday's lowest low.

Wave Analysis

The cable continues to make lower lows perfectly as previously forecasted. During the previous week on Friday, this pair established a support around 1.22721 and is still rallying above it. As it is on the hourly chart, We're waiting for a break below the Friday's lowest to sell this pair with an ultimate target at 1.22475. This view can only be invalidated in case the price breaks above last week highest high, if this is the case, then a momentum is expected to the upper side with an ultimate target at 1.26.

Trade Recommendations:

Sell a break below Friday's lowest low.

TRADE METALS WITHOUT SWAPS!
Bob Stan
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